Insider Buying: Mitchells & Butlers plc (MAB) Insider Purchases £136.76 in Stock

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones bought 52 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was purchased at an average price of GBX 263 ($3.54) per share, for a total transaction of £136.76 ($184.06).

Timothy (Tim) Charles Jones also recently made the following trade(s):

  • On Friday, November 17th, Timothy (Tim) Charles Jones bought 54 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 259 ($3.49) per share, for a total transaction of £139.86 ($188.24).
  • On Friday, October 20th, Timothy (Tim) Charles Jones bought 56 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 247 ($3.32) per share, for a total transaction of £138.32 ($186.16).
  • On Friday, September 22nd, Timothy (Tim) Charles Jones bought 57 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 240 ($3.23) per share, for a total transaction of £136.80 ($184.12).

Mitchells & Butlers plc (LON:MAB) opened at GBX 268.80 ($3.62) on Thursday. Mitchells & Butlers plc has a twelve month low of GBX 219.90 ($2.96) and a twelve month high of GBX 280 ($3.77).

The firm also recently announced a dividend, which will be paid on Tuesday, February 6th. Stockholders of record on Thursday, December 14th will be paid a dividend of GBX 5 ($0.07) per share. This represents a dividend yield of 1.99%. This is an increase from Mitchells & Butlers’s previous dividend of $2.50. The ex-dividend date is Thursday, December 14th.

MAB has been the topic of a number of recent research reports. HSBC dropped their target price on Mitchells & Butlers from GBX 265 ($3.57) to GBX 260 ($3.50) and set a “hold” rating on the stock in a research report on Wednesday, December 6th. Peel Hunt reiterated an “add” rating and issued a GBX 300 ($4.04) target price on shares of Mitchells & Butlers in a research report on Friday, November 17th. Barclays reiterated an “underweight” rating and issued a GBX 220 ($2.96) target price on shares of Mitchells & Butlers in a research report on Monday, September 11th. Shore Capital reissued a “hold” rating on shares of Mitchells & Butlers in a report on Thursday, November 23rd. Finally, Deutsche Bank boosted their price target on Mitchells & Butlers from GBX 245 ($3.30) to GBX 250 ($3.36) and gave the company a “hold” rating in a report on Monday, November 27th. Three analysts have rated the stock with a sell rating and ten have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 255.50 ($3.44).

ILLEGAL ACTIVITY NOTICE: “Insider Buying: Mitchells & Butlers plc (MAB) Insider Purchases £136.76 in Stock” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this article on another site, it was stolen and republished in violation of US and international trademark & copyright laws. The original version of this article can be read at https://sportsperspectives.com/2017/12/21/insider-buying-mitchells-butlers-plc-mab-insider-purchases-136-76-in-stock.html.

About Mitchells & Butlers

Mitchells & Butlers plc is an operator of managed restaurants and pubs. The Company’s portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns.

Insider Buying and Selling by Quarter for Mitchells & Butlers (LON:MAB)

Receive News & Ratings for Mitchells & Butlers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitchells & Butlers and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply