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Mitchells & Butlers Directors Acquire Partnership Shares

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Mitchells & Butlers Directors Acquire Partnership Shares

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Mitchells & Butlers ( (GB:MAB) ) just unveiled an announcement.

Mitchells & Butlers plc announced the purchase of partnership shares by the SIP Trustee for directors Phil Urban, Tim Jones, and PDMR Andrew Freeman. Each transaction involved the acquisition of ordinary shares at £2.78 per share, conducted on the London Stock Exchange. This move reflects ongoing investment in the company by its leadership, potentially signaling confidence in its future performance and stability.

The most recent analyst rating on (GB:MAB) stock is a Hold with a £3.20 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.

Spark’s Take on GB:MAB Stock

According to Spark, TipRanks’ AI Analyst, GB:MAB is a Outperform.

Mitchells & Butlers exhibits strong financial health and operational efficiency, supported by favorable corporate events enhancing market confidence. Technical analysis shows neutral sentiment, and valuation is reasonable, although the absence of a dividend yield is a minor drawback.

To see Spark’s full report on GB:MAB stock, click here.

More about Mitchells & Butlers

Mitchells & Butlers plc is a leading operator in the hospitality industry, primarily focusing on running restaurants, pubs, and bars across the United Kingdom. The company is known for its diverse portfolio of brands and establishments, catering to a wide range of customer preferences and market segments.

Average Trading Volume: 313,586

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.66B

See more insights into MAB stock on TipRanks’ Stock Analysis page.

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