Mitchells & Butlers plc 28.6% potential upside indicated by Jefferies

Mitchells & Butlers plc with ticker (LON:MAB) now has a potential upside of 28.6% according to Jefferies.



Jefferies set a target price of 325 GBX for the company, which when compared to the Mitchells & Butlers plc share price of 253 GBX at opening today (22/02/2024) indicates a potential upside of 28.6%. Trading has ranged between 147 (52 week low) and 275 (52 week high) with an average of 173,108 shares exchanging hands daily. The market capitalisation at the time of writing is £1,509,892,515.

Mitchells & Butlers plc is a United Kingdom-based company that operates restaurants, pubs, and bars. The Company provides a choice of eating and drinking-out experiences through its brands. It has approximately 1,700 businesses, including restaurant and pub brands, such as All Bar One, Browns, Castle, Ember Inns, Harvester, High St, Innkeeper’s Collection, Miller & Carter, Nicholson’s, O’Neill’s, Premium Country Pubs, Sizzling Pubs, Stonehouse Pizza & Carvery, Toby Carvery, ALEX, 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’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 Finance plc, among others.