Mitchells & Butlers Directors Acquire Partnership Shares

Mitchells & Butlers ( (GB:MAB) ) has shared an update.

Mitchells & Butlers plc announced the purchase of partnership shares by the SIP Trustee for three of its directors and PDMR, Phil Urban, Tim Jones, and Andrew Freeman. Each transaction involved the acquisition of 52 ordinary shares at a price of £2.64 per share, conducted on the London Stock Exchange. This move reflects the company’s ongoing commitment to aligning the interests of its management with those of its shareholders, potentially enhancing stakeholder confidence.

The most recent analyst rating on (GB:MAB) stock is a Hold with a £340.00 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’ strong financial performance, characterized by robust revenue growth and improved profitability, is the primary driver of its stock score. The technical analysis indicates a neutral trend, while the valuation suggests the stock is undervalued, offering potential for appreciation. 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 focusing on managing pubs, bars, and restaurants across the United Kingdom. The company is known for its diverse portfolio of well-known brands and venues, catering to a wide range of customer preferences and market segments.

Average Trading Volume: 348,853

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.57B

For an in-depth examination of MAB stock, go to TipRanks’ Overview page.