Mitchells & Butlers plc 16.8% Potential Upside Indicated by Morgan Stanley

Broker Ratings

Mitchells & Butlers plc using EPIC/TICKER code (LON:MAB) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Morgan Stanley. Mitchells & Butlers plc are listed in the Consumer Services sector within UK Main Market. Morgan Stanley have set a target price of 430 GBX on its stock. This now indicates the analyst believes there is a possible upside of 16.8% from today’s opening price of 368 GBX. Over the last 30 and 90 trading days the company share price has increased 56.5 points and increased 82 points respectively. The 52 week high for the share price is currently at 378.5 GBX while the 52 week low is 236.5 GBX.

Mitchells & Butlers plc has a 50 day moving average of 318.63 GBX and a 200 Day Moving Average share price is recorded at 286.19. There are currently 428,577,760 shares in issue with the average daily volume traded being 461,368. Market capitalisation for LON:MAB is £1,564,308,824 GBP.

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