Mitchells & Butlers plc 14.2% potential upside indicated by JP Morgan Cazenove

Mitchells & Butlers plc with ticker (LON:MAB) now has a potential upside of 14.2% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 290 GBX for the company, which when compared to the Mitchells & Butlers plc share price of 254 GBX at opening today (12/01/2024) indicates a potential upside of 14.2%. Trading has ranged between 147 (52 week low) and 264 (52 week high) with an average of 266,228 shares exchanging hands daily. The market capitalisation at the time of writing is £1,500,295,774.

Mitchells & Butlers plc is a United Kingdom-based company that operates pubs and restaurants. The Company provides a choice of eating and drinking-out experiences through its brands. The Company’s portfolio of brands and formats includes All Bar One, Browns, Castle, Ember Inns, Harvester, Miller & Carter, Nicholson’s, O’Neill’s, Premium Country Pubs, Sizzling Pubs, Stonehouse, Toby Carvery, ALEX, High St, Innkeeper’s Collection, and Vintage Inns. In addition, the Company operates Innkeeper’s Collection hotels in the United Kingdom and Alex restaurants and bars in Germany. The Company has over 1,700 businesses. The Company’s subsidiaries include Mitchells & Butlers Retail Limited, Ha Ha Bar & Grill Limited, Orchid Pubs & Dining Limited, ALEX Gaststatten Gesellschaft mbH & Co KG, and Mitchells & Butlers Leisure Retail Limited, among others.