Mitchells & Butlers (LON:MAB) had its price objective upped by Barclays from GBX 225 ($2.94) to GBX 260 ($3.40) in a report published on Friday. They currently have an underweight rating on the stock.
Several other research firms also recently issued reports on MAB. Liberum Capital restated a sell rating on shares of Mitchells & Butlers in a research note on Thursday, November 1st. Peel Hunt restated a buy rating on shares of Mitchells & Butlers in a research note on Tuesday, September 11th. Shore Capital restated a hold rating on shares of Mitchells & Butlers in a research note on Thursday, August 2nd. Canaccord Genuity restated a hold rating and issued a GBX 260 ($3.40) price target on shares of Mitchells & Butlers in a research note on Thursday, September 27th. Finally, Citigroup upgraded Mitchells & Butlers to a neutral rating in a research note on Monday, September 3rd. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 264.44 ($3.46).
MAB opened at GBX 269.20 ($3.52) on Friday. Mitchells & Butlers has a 1 year low of GBX 219.90 ($2.87) and a 1 year high of GBX 284.80 ($3.72).
Mitchells & Butlers plc managed pubs and restaurants in the United Kingdom and Germany. The company operates through Retail Operating Business and Property Business segments. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Oak Tree Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.
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