Mitchells & Butlers plc 32.5% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

Mitchells & Butlers plc using EPIC/TICKER code (LON:MAB) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Mitchells & Butlers plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 390 GBX on its stock. This indicates the analyst now believes there is a potential upside of 32.5% from today’s opening price of 294.4 GBX. Over the last 30 and 90 trading days the company share price has increased 9.8 points and increased 39.4 points respectively. The 52 week high for the stock is 294.4 GBX while the 52 week low for the stock is 232.25 GBX.

Mitchells & Butlers plc has a 50 day moving average of 282.47 GBX and a 200 Day Moving Average share price is recorded at 267.58. There are currently 428,314,189 shares in issue with the average daily volume traded being 525,123. Market capitalisation for LON:MAB is £1,243,824,378 GBP.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
    Mitchells & Butlers plc has reported strong sales growth in its first quarter, with like-for-like sales up 7.7% and total sales up 9.7%.

      Search

      Search