Citigroup Inc. reiterated their buy rating on shares of Mitchells & Butlers plc (LON:MAB) in a research note released on Monday morning, MarketBeat Ratings reports. They currently have a GBX 495 ($7.05) price target on the stock.

In other news, insider Jones,Timothy (Tim) Charles sold 8,311 shares of the stock in a transaction on Thursday, December 3rd. The stock was sold at an average price of GBX 336 ($4.79), for a total transaction of £27,924.96 ($39,784.81). Also, insider Urban,Phil bought 18,706 shares of the firm’s stock in a transaction dated Wednesday, December 23rd. The shares were acquired at an average price of GBX 319 ($4.54) per share, for a total transaction of £59,672.14 ($85,015.16).

MAB has been the subject of a number of other reports. Canaccord Genuity reiterated a hold rating and set a GBX 370 ($5.27) price target on shares of Mitchells & Butlers plc in a report on Friday, January 8th. Numis Securities Ltd reiterated an add rating and set a GBX 400 ($5.70) price target on shares of Mitchells & Butlers plc in a report on Tuesday, October 20th. AlphaValue reiterated a buy rating and set a GBX 457 ($6.51) price target on shares of Mitchells & Butlers plc in a report on Thursday, December 3rd. Goodbody Stockbrokers Ltd reiterated a buy rating and set a GBX 495 ($7.05) price target on shares of Mitchells & Butlers plc in a report on Thursday, November 19th. Finally, Deutsche Bank upgraded Mitchells & Butlers plc to a buy rating and set a GBX 430 ($6.13) price target for the company in a report on Wednesday, January 20th. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Mitchells & Butlers plc currently has an average rating of Hold and an average price target of GBX 396.07 ($5.64).

Shares of Mitchells & Butlers plc (LON:MAB) traded up 1.69% during trading on Monday, hitting GBX 288.20. 560,607 shares of the stock traded hands. The firm’s 50-day moving average price is GBX 306.67 and its 200-day moving average price is GBX 343.75. The company’s market cap is GBX 1.18 billion. Mitchells & Butlers plc has a 52 week low of GBX 262.00 and a 52 week high of GBX 485.10.

The firm also recently announced a dividend, which will be paid on Tuesday, February 9th. Stockholders of record on Thursday, December 3rd will be issued a dividend of GBX 5 ($0.07) per share. This represents a dividend yield of 1.45%. The ex-dividend date is Thursday, December 3rd.

Mitchells & Butlers plc is an operator of managed restaurants, pubs and bars. The Company provides a choice of eating and drinking-out. The Company operates in the United Kingdom. The Company’s brands include Sizzling Pubs, Vintage Inns, Harvester, Ember Inns, Toby Carvery, Crown Carveries, Castle, Nicholson’s, Premium Country Dining Group, O’Neill’s, Alex, All Bar One, Village Pub & Kitchen, Miller & Carter, Browns, Innkeeper’s Lodge and Oak Tree. The Company operates approximately 1,700 restaurants and pubs.

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