Mitchells & Butlers plc 96.1% Potential Upside Indicated by Liberum Capital

Broker Ratings
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Mitchells & Butlers plc using EPIC/TICKER code (LON:MAB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. Mitchells & Butlers plc are listed in the Consumer Services sector within UK Main Market. Liberum Capital have set their target price at 300 GBX on its stock. This now indicates the analyst believes there is a possible upside of 96.1% from the opening price of 153 GBX. Over the last 30 and 90 trading days the company share price has decreased 48.5 points and decreased 267 points respectively. The 1 year high for the stock price is 483 GBX while the 52 week low is 92.3 GBX.

Mitchells & Butlers plc has a 50 day moving average of 201.13 GBX and a 200 Day Moving Average share price is recorded at 358.35. There are currently 429,201,117 shares in issue with the average daily volume traded being 1,092,278. Market capitalisation for LON:MAB is £667,836,964 GBP.

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    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%.

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