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Mitchells & Butlers plc 9.4% Potential Upside Indicated by JP Morgan Cazenove

Mitchells & Butlers plc using EPIC/TICKER code (LON:MAB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning 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 their target price at 490 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 9.4% from the opening price of 448 GBX. Over the last 30 and 90 trading days the company share price has increased 20 points and increased 112 points respectively. The 1 year high for the stock price is 483 GBX while the 52 week low is 236.5 GBX.

Mitchells & Butlers plc has a 50 day moving average of 409.28 GBX and a 200 Day Moving Average share price is recorded at 321.46. There are currently 429,138,843 shares in issue with the average daily volume traded being 379,098. Market capitalisation for LON:MAB is £2,019,098,256 GBP.