Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Purchases £138.24 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 64 shares of the stock in a transaction on Friday, March 28th. The stock was acquired at an average cost of GBX 216 ($2.80) per share, for a total transaction of £138.24 ($179.51).

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 price of GBX 242 ($3.14) per share, with a total value of £137.94 ($179.12).

Mitchells & Butlers Stock Performance

LON MAB opened at GBX 211 ($2.74) on Thursday. The company’s fifty day moving average is GBX 224.69 and its two-hundred day moving average is GBX 245.75. The firm has a market capitalization of £1.25 billion, a price-to-earnings ratio of 27.95, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. Mitchells & Butlers plc has a 52-week low of GBX 206 ($2.67) and a 52-week high of GBX 320 ($4.16).

Analysts Set New Price Targets

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

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.