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Mitchells & Butlers plc 6.1% Potential Upside Indicated by Citigroup

Mitchells & Butlers plc with EPIC/TICKER (LON:MAB) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Citigroup. Mitchells & Butlers plc are listed in the Consumer Services sector within UK Main Market. Citigroup have set a target price of 490 GBX on its stock. This now indicates the analyst believes there is a possible upside of 6.1% from the opening price of 462 GBX. Over the last 30 and 90 trading days the company share price has increased 41.5 points and increased 117 points respectively. The 52 week high for the share price is currently at 483 GBX while the 52 week low for the stock is 236.5 GBX.

Mitchells & Butlers plc has a 50 day moving average of 411.35 GBX and a 200 day moving average of 322.37. There are currently 429,138,843 shares in issue with the average daily volume traded being 404,200. Market capitalisation for LON:MAB is £1,980,475,760 GBP.