Today Mitchells & Butlers (LON:MAB) Has Been Downgraded by Goodbody to a “Hold”


Mitchells & Butlers (LON:MAB) Receives a Downgrade

Mitchells & Butlers (LON:MAB)’s stock was lowered to a solid “Hold” by investment advisers at Goodbody, who now has a TP of GBX 345. Their target is 8.49% from MAB’s current share price.

From a total of 16 analysts covering Mitchells Butlers PLC (LON:MAB) stock, 8 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 47% of the ratings are positive. The highest target price is GBX 495 while the lowest target price is GBX 300. The mean of all analyst targets is GBX 411.88 with a 28.75% above today’s (GBX 320.1) stock price. Mitchells Butlers PLC was the topic of 48 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Buy” rating. Panmure Gordon maintained shares with “Sell” rating and GBX 300 target share price in a report from a November 24. JP Morgan maintained MAB stock in a recent report from November 25 with “Neutral” rating. Peel Hunt maintained the rating on November 24. Peel Hunt has a “Hold” rating and a GBX 345 price target on shares. Finally, Barclays Capital maintained the stock with “Equal Weight” rating in a report issued on a November 25.

Approximately 85,904 shares of stock traded hands. Mitchells & Butlers plc (LON:MAB) has declined 28.50% since May 20, 2015 and is downtrending. It has underperformed by 26.23% the S&P500.

 Today Mitchells & Butlers (LON:MAB) Has Been Downgraded by Goodbody to a

Mitchells & Butlers plc is an operator of managed restaurants, pubs and bars. The company has a market cap of 1.31 billion GBP. The Firm provides a choice of eating and drinking-out. It has 12.87 P/E ratio. The Firm operates in the United Kingdom.