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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 update.

Mitchells & Butlers plc announced the purchase of partnership shares by the SIP Trustee involving directors Phil Urban, Tim Jones, and PDMR Andrew Freeman. Each transaction involved the acquisition of ordinary shares at a price of £2.624829 per share, conducted on the London Stock Exchange. This move indicates a strategic alignment and confidence in the company’s future performance, potentially impacting shareholder value and market perception positively.

The most recent analyst rating on (GB:MAB) stock is a Buy with a £293.00 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 demonstrates strong financial performance with solid revenue growth and profitability, which is the most significant factor in its score. The technical analysis indicates mixed momentum, and the valuation suggests the stock is undervalued. The absence of earnings call data and notable corporate events means these factors do not influence the score.

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 managing a portfolio of restaurants and pubs across the UK. The company focuses on providing a diverse range of dining and drinking experiences, catering to various customer preferences and market segments.

Average Trading Volume: 330,557

Technical Sentiment Signal: Buy

Current Market Cap: £1.55B

For detailed information about MAB stock, go to TipRanks’ Stock Analysis page.

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