Insider Buying: Mitchells & Butlers plc (MAB) Insider Purchases £18,411.12 in Stock

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Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 6,744 shares of the business’s stock in a transaction on Thursday, November 29th. The stock was purchased at an average cost of GBX 273 ($3.57) per share, with a total value of £18,411.12 ($24,057.39).

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

  • On Friday, October 19th, Phil Urban bought 53 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 259 ($3.38) per share, with a total value of £137.27 ($179.37).

LON:MAB opened at GBX 266 ($3.48) on Thursday. Mitchells & Butlers plc has a fifty-two week low of GBX 219.90 ($2.87) and a fifty-two week high of GBX 284.80 ($3.72).

MAB has been the subject of several research reports. Citigroup raised Mitchells & Butlers to a “neutral” rating in a research note on Monday, September 3rd. Peel Hunt reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research note on Tuesday, September 11th. Liberum Capital reaffirmed a “sell” rating on shares of Mitchells & Butlers in a research note on Thursday, September 27th. Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 260 ($3.40) target price on shares of Mitchells & Butlers in a research note on Thursday, September 27th. Finally, JPMorgan Chase & Co. upped their target price on Mitchells & Butlers from GBX 270 ($3.53) to GBX 280 ($3.66) and gave the stock a “neutral” rating in a research note on Friday, November 23rd. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 272.78 ($3.56).

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Mitchells & Butlers Company Profile

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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Insider Buying and Selling by Quarter for Mitchells & Butlers (LON:MAB)

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