Phil Urban Acquires 57 Shares of Mitchells & Butlers plc (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban purchased 57 shares of the business’s stock in a transaction dated Friday, January 3rd. The shares were purchased at an average price of GBX 242 ($3.02) per share, for a total transaction of £137.94 ($172.08).

Phil Urban also recently made the following trade(s):

• On Friday, December 6th, Phil Urban sold 28,609 shares of Mitchells & Butlers stock. The stock was sold at an average price of GBX 250 ($3.12), for a total transaction of £71,522.50 ($89,224.68).
• On Monday, December 2nd, Phil Urban sold 106,910 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 246 ($3.07), for a total value of £262,998.60 ($328,092.07).
• On Friday, November 8th, Phil Urban purchased 57 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 239 ($2.98) per share, for a total transaction of £136.23 ($169.95).
• On Friday, October 11th, Phil Urban acquired 50 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 278 ($3.47) per share, with a total value of £139 ($173.40).

Mitchells & Butlers Stock Down 1.0 %

Shares of Mitchells & Butlers stock opened at GBX 240 ($2.99) on Wednesday. The firm has a market cap of £1.43 billion, a price-to-earnings ratio of 3,428.57, a P/E/G ratio of 2.76 and a beta of 1.71. The stock has a 50-day simple moving average of GBX 243.52 and a 200-day simple moving average of GBX 276.23. Mitchells & Butlers plc has a 52-week low of GBX 220 ($2.74) and a 52-week high of GBX 320 ($3.99). The company has a debt-to-equity ratio of 78.60, a current ratio of 0.47 and a quick ratio of 0.46.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on MAB shares. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Mitchells & Butlers in a report on Wednesday, September 11th. Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, December 19th.

Mitchells & Butlers Company Profile

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.