Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Purchases 64 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 64 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The stock was purchased at an average price of GBX 216 ($2.79) per share, with a total value of £138.24 ($178.74).

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

• On Friday, January 3rd, Phil Urban purchased 57 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 242 ($3.13) per share, for a total transaction of £137.94 ($178.36).

Mitchells & Butlers Price Performance

Shares of MAB opened at GBX 212.02 ($2.74) on Monday. The company’s 50-day moving average is GBX 226.51 and its 200-day moving average is GBX 247.42. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. The firm has a market capitalization of £1.26 billion, a PE ratio of 28.08, a PEG ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a fifty-two week low of GBX 209.96 ($2.71) and a fifty-two week high of GBX 320 ($4.14).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Friday, March 7th.

About Mitchells & Butlers

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.