Mitchells & Butlers (LON:MAB) Stock Price Passes Above Two Hundred Day Moving Average of $256.58

Mitchells & Butlers plc (LON:MAB)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 256.58 ($3.25) and traded as high as GBX 289.75 ($3.66). Mitchells & Butlers shares last traded at GBX 287 ($3.63), with a volume of 203,248 shares trading hands.

Analysts Set New Price Targets

A number of research firms have issued reports on MAB. Shore Capital restated a “buy” rating on shares of Mitchells & Butlers in a report on Wednesday, May 22nd. JPMorgan Chase & Co. upped their target price on shares of Mitchells & Butlers from GBX 290 ($3.67) to GBX 340 ($4.30) and gave the company a “neutral” rating in a report on Thursday, May 23rd.

Mitchells & Butlers Stock Performance

The stock’s 50 day moving average price is GBX 280.47 and its 200 day moving average price is GBX 257.05. The company has a market cap of £1.71 billion, a price-to-earnings ratio of 4,114.29, a P/E/G ratio of 2.76 and a beta of 1.54. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 78.60.

About Mitchells & Butlers

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, EGO, Ember Inns, Harvester, High Street, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Suburban, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.