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Home / Momentum / Mitchells & Butlers (MAB.L) 18-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Mitchells & Butlers (MAB.L) 18-11-19

Will shares in Mitchells & Butlers (MAB.L) continue to push upwards, reaching new highs?

 

  • Now trading at 458.22p (at time of writing), the share price momentum has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Shares -0% from 12-month highs; +92% from 12 month lows.

Latest News

12 Nov:  Peel Hunt reiterates its add rating on Mitchells & Butlers (MAB) and increased the target price to 475p (from 425p).

26 Sep:  Michells & Butlers, the pub group, announced that like-for-like sales were 3.3% higher in the eight weeks to September 21st.  Total sales were 4% stronger.

10 Sep:  Peel Hunt has downgraded its rating on Mitchells & Butlers (MAB) to add (from buy) and increased the target price to 425p  (from 375p).

09 Sep:  Morgan Stanley has upgraded its rating on Mitchells & Butlers (MAB) up to overweight (from equal weight) and increased the target price to 430p (from 280p).

12 Aug:  HSBC reiterates its buy rating on Mitchells & Butlers (MAB) and increased the target price to 350p (from 310p).

31 Jul:  Peel Hunt reiterates its buy rating on Mitchells & Butlers (MAB) and increased the target price to 375p (from 325p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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