Mitchells & Butlers plc 26.5% Potential Upside Indicated by Berenberg

Broker Ratings

Mitchells & Butlers plc with EPIC/TICKER (LON:MAB) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Mitchells & Butlers plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 360 GBX on its stock. This would imply the analyst believes there is now a potential upside of 26.5% from today’s opening price of 284.5 GBX. Over the last 30 and 90 trading days the company share price has increased 37 points and increased 2.5 points respectively. The 1 year high for the stock price is 296.5 GBX while the year low stock price is currently 235 GBX.

Mitchells & Butlers plc has a 50 day moving average of 265.22 GBX and the 200 Day Moving Average price is recorded at 270.28. There are currently 428,314,189 shares in issue with the average daily volume traded being 450,294. Market capitalisation for LON:MAB is £1,261,385,286 GBP.

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