Overview
Mitchells & Butlers plc, headquartered in Birmingham, UK, operates in the hospitality industry primarily focused on owning and running pubs, bars, and restaurants. As one of the largest operators in the sector, the company manages a diverse portfolio of over 1,700 establishments across the UK under well-known brands such as All Bar One, Harvester, and Toby Carvery. Key projects and initiatives have centered around digital transformation to enhance customer experience and operational efficiency, including the deployment of advanced booking systems and mobile payment options. Mitchells & Butlers is also committed to sustainability, evidenced by its continuous efforts to reduce energy usage and waste across its operations. The company's strategic focus includes refurbishment of existing locations and exploring new market opportunities to ensure future growth and profitability.
Basic Stats
The share price of Mitchells & Butlers plc as of 4 September 2025 is 254.00 GBX / share. This is a decrease of -1.36% from the prior week. The market cap (or net worth) of Mitchells & Butlers plc as of 5 September 2025 is 1,511.30 GBX MM.
The Factor Analysis chart (below right) shows a view of Mitchells & Butlers plc from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 1,511.30 MM |
| EV | 2,407.30 MM |
| Shares Out. | 595.00 MM |
| Earnings Date | |
| EPS (TTM) | 0.28 |
| Dividend Yield | 2.95 % |
| Ex-Dividend Date | 2017-12-14 |
| Borrow Rate | 0.54 |
| Short Shares Avail. | 1.00 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | -11.19 % |
| Volatility (1 yr) | 0.25 |
| Beta | 0.39 |
| Sharpe Ratio (1 yr) | -0.62 |
| Sortino Ratio (1 yr) | -1.01 |
| PE Ratio | 9.00 |
| Price/Book | 0.57 |
| Price/TBV | 0.57 |
| Book/Market | 1.76 |
| EBIT/EV | 0.09 |
| EBIT(3yr avg)/EV | 0.05 |
| ROA | 0.03 |
| ROE | 0.07 |
| ROIC | 0.04 |
| CROIC | 0.01 |
| OCROIC | 0.09 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 77.58 /100 |
| Profitability | 58.74 /100 |
| Quality Score | 58.24 /100 |
| Value Score | 65.90 /100 |
| Momentum Score | 34.82 /100 |
| Stability (Low Vol) Score | 81.55 /100 |
| Analyst Sentiment | 85.01 /100 |
| Fund Sentiment | 84.45 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | 52.14 /100 |
| QVM Score | 58.28 /100 |
| Piotroski F-SCORE | 8.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Mitchells & Butlers plc is 355.54 GBX. The forecasts range from a low of 303.00 GBX to a high of 409.50 GBX. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Mitchells & Butlers plc. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-01-27 | Jefferies | Hold | Downgrade | |
| 2022-12-07 | Shore Capital | Hold | Reiterate | |
| 2022-10-27 | Deutsche | Buy | Reiterate | |
| 2022-10-12 | Berenberg Bank | Hold | Reiterate | |
| 2022-09-30 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2022-07-28 | Deutsche | Buy | Reiterate | |
| 2022-07-28 | Berenberg Bank | Hold | Downgrade | |
| 2022-07-21 | Shore Capital | Hold | Reiterate | |
| 2022-05-25 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2022-05-19 | Deutsche | Buy | Reiterate | |
| 2022-05-03 | Deutsche | Buy | Initiate | |
| 2022-04-12 | Peel Hunt Limited | Buy | Reiterate | |
| 2022-03-25 | Morgan Stanley | Overweight | Reiterate | |
| 2022-02-09 | Morgan Stanley | Reiteration | Reiterate | |
| 2022-01-17 | Berenberg Bank | Reiteration | Reiterate | |
| 2022-01-11 | Shore Capital | Reiteration | Reiterate | |
| 2022-01-05 | Berenberg Bank | Reiteration | Reiterate | |
| 2021-12-01 | JP Morgan Cazenove | Reiteration | Reiterate | |
| 2021-11-25 | Liberum Capital | Reiteration | Reiterate | |
| 2021-07-30 | Shore Capital | Buy | Reiterate | |
| 2021-05-20 | Liberum Capital | Buy | Reiterate | |
| 2021-05-19 | Jefferies | Buy | Reiterate | |
| 2021-05-19 | Peel Hunt LLP | Hold | Reiterate | |
| 2021-02-23 | Shore Capital | Under Review | Reiterate | |
| 2021-01-19 | Jefferies | Buy | Reiterate | |
| 2020-05-18 | Berenberg Bank | Buy | Reiterate | |
| 2020-01-10 | RBC Capital Markets | Sector Perform | Upgrade | |
| 2020-01-10 | Barclays | Underweight | Reiterate | |
| 2019-11-20 | Canaccord Genuity | Buy | Reiterate | |
| 2019-09-09 | Morgan Stanley | Overweight | Upgrade | |
| 2019-08-21 | Canaccord Genuity | Buy | Upgrade | |
| 2019-08-01 | Canaccord Genuity | Hold | Reiterate | |
| 2019-06-05 | Berenberg Bank | Buy | Upgrade | |
| 2019-05-24 | Liberum Capital | Buy | Upgrade | |
| 2019-05-24 | Canaccord Genuity | Hold | Reiterate | |
| 2019-05-24 | Numis | Hold | Reiterate | |
| 2019-01-11 | Berenberg Bank | Hold | Reiterate | |
| 2019-01-10 | Canaccord Genuity | Hold | Reiterate | |
| 2018-11-22 | Canaccord Genuity | Hold | Initiate | |
| 2018-09-27 | Canaccord Genuity | Hold | Reiterate | |
| 2018-09-03 | Citigroup | Neutral | Upgrade | |
| 2018-05-25 | Numis | Reduce | Reiterate | |
| 2018-05-18 | Barclays | Underweight | Reiterate | |
| 2017-12-04 | Canaccord Genuity | Hold | Reiterate | |
| 2017-11-29 | Barclays | Underweight | Reiterate | |
| 2017-11-24 | Citigroup | Sell | Reiterate | |
| 2017-11-23 | Numis | Hold | Reiterate | |
| 2017-11-23 | Shore Capital | Hold | Reiterate | |
| 2017-11-23 | Canaccord Genuity | Hold | Reiterate | |
| 2017-11-23 | Deutsche Bank | Hold | Reiterate | |
| 2017-09-22 | Canaccord Genuity | Hold | Reiterate | |
| 2017-07-28 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2017-07-27 | Numis Securities | Hold | Upgrade | |
| 2017-07-27 | Canaccord Genuity | Hold | Reiterate | |
| 2017-05-18 | Deutsche Bank | Hold | Reiterate | |
| 2017-05-18 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2017-05-17 | Canaccord Genuity | Hold | Reiterate | |
| 2017-02-15 | Deutsche Bank | Hold | Reiterate | |
| 2017-02-14 | Canaccord Genuity | Hold | Downgrade | |
| 2017-02-02 | Barclays | Underweight | Downgrade | |
| 2017-01-13 | Numis | Reduce | Reiterate | |
| 2017-01-13 | Canaccord Genuity | Buy | Reiterate | |
| 2016-12-14 | finnCap | Buy | Reiterate | |
| 2016-12-13 | Canaccord Genuity | Buy | Reiterate | |
| 2016-11-22 | Numis | Reduce | Reiterate | |
| 2016-11-22 | Canaccord Genuity | Buy | Reiterate | |
| 2016-11-08 | HSBC | Buy | Reiterate | |
| 2016-10-25 | Citigroup | Sell | Downgrade | |
| 2016-08-01 | HSBC | Buy | Reiterate | |
| 2016-07-28 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2016-07-28 | Canaccord Genuity | Buy | Reiterate | |
| 2016-07-28 | finnCap | Buy | Reiterate | |
| 2016-07-27 | Shore Capital | Hold | Reiterate | |
| 2016-07-04 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2016-05-20 | Canaccord Genuity | Buy | Reiterate | |
| 2016-05-20 | JP Morgan Cazenove | Overweight | Reiterate | |
| 2016-05-19 | Shore Capital | Hold | Reiterate | |
| 2016-02-12 | Goldman Sachs | Buy | Reiterate | |
| 2016-02-05 | HSBC | Buy | Reiterate | |
| 2016-02-01 | Deutsche Bank | Buy | Reiterate | |
| 2016-01-29 | JP Morgan Cazenove | Neutral | Downgrade | |
| 2016-01-28 | Panmure Gordon | Hold | Reiterate | |
| 2016-01-28 | Canaccord Genuity | Buy | Upgrade | |
| 2016-01-25 | Citigroup | Buy | Reiterate | |
| 2016-01-21 | Canaccord Genuity | Buy | Reiterate | |
| 2015-11-25 | Canaccord Genuity | Hold | Reiterate | |
| 2015-11-25 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2015-11-24 | Numis | Add | Reiterate | |
| 2015-11-24 | Shore Capital | Hold | Reiterate | |
| 2015-11-24 | Panmure Gordon | Sell | Reiterate | |
| 2015-11-16 | Numis | Add | Reiterate | |
| 2015-10-09 | Canaccord Genuity | Hold | Reiterate | |
| 2015-09-25 | Nomura | Buy | Reiterate | |
| 2015-09-23 | HSBC | Hold | Downgrade | |
| 2015-09-23 | Canaccord Genuity | Hold | Downgrade | |
| 2015-09-23 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2015-09-22 | Panmure Gordon | Sell | Reiterate | |
| 2015-07-31 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2015-07-29 | Numis | Add | Reiterate | |
| 2015-07-29 | Panmure Gordon | Sell | Reiterate | |
| 2015-07-22 | Numis Securities | Add | Upgrade | |
| 2015-07-16 | Deutsche Bank | Hold | Reiterate | |
| 2015-06-11 | Canaccord Genuity | Hold | Downgrade | |
| 2015-06-02 | Numis Securities | Add | Reiterate | |
| 2015-05-19 | Jefferies | Hold | Downgrade | |
| 2015-05-14 | Canaccord Genuity | Buy | Reiterate | |
| 2015-05-14 | Numis Securities | Add | Reiterate | |
| 2015-05-12 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2015-05-07 | Numis | Add | Reiterate | |
| 2015-04-14 | Numis Securities | Add | Reiterate | |
| 2015-03-26 | Canaccord Genuity | Buy | Reiterate | |
| 2015-01-30 | Canaccord Genuity | Buy | Reiterate | |
| 2015-01-29 | Numis Securities | Add | Reiterate | |
| 2015-01-20 | Numis Securities | Add | Reiterate | |
| 2015-01-16 | Canaccord Genuity | Buy | Reiterate | |
| 2014-12-11 | Deutsche Bank | Buy | Reiterate | |
| 2014-12-05 | Canaccord Genuity | Buy | Initiate | |
| 2014-11-27 | Citigroup | Buy | Reiterate | |
| 2014-11-26 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2014-11-26 | Beaufort Securities | Hold | Reiterate | |
| 2014-11-25 | Numis Securities | Add | Reiterate | |
| 2014-11-25 | Shore Capital | Hold | Reiterate | |
| 2014-11-17 | Numis Securities | Add | Upgrade | |
| 2014-11-12 | Goodbody | Hold | Initiate | |
| 2014-11-04 | Citigroup | Buy | Reiterate | |
| 2014-09-26 | Beaufort Securities | Hold | Downgrade | |
| 2014-09-25 | Numis Securities | Hold | Reiterate | |
| 2014-09-25 | Shore Capital | Hold | Reiterate | |
| 2014-09-25 | Oriel Securities | Buy | Reiterate | |
| 2014-09-22 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2014-08-05 | Citigroup | Buy | Reiterate | |
| 2014-07-28 | Deutsche Bank | Buy | Reiterate | |
| 2014-07-25 | Beaufort Securities | Buy | Initiate | |
| 2014-07-24 | Panmure Gordon | Hold | Reiterate | |
| 2014-07-24 | Numis Securities | Hold | Downgrade | |
| 2014-07-24 | Oriel Securities | Buy | Reiterate | |
| 2014-07-24 | Deutsche Bank | Buy | Reiterate | |
| 2014-06-18 | Citigroup | Buy | Reiterate | |
| 2014-06-17 | Deutsche Bank | Buy | Reiterate | |
| 2014-06-17 | JP Morgan Cazenove | Neutral | Downgrade | |
| 2014-06-17 | Oriel Securities | Buy | Reiterate | |
| 2014-06-16 | Numis Securities | Buy | Reiterate | |
| 2014-06-16 | Oriel Securities | Reduce | Reiterate | |
| 2014-05-30 | Citigroup | Buy | Upgrade | |
| 2014-05-30 | Numis Securities | Buy | Upgrade | |
| 2014-05-23 | JP Morgan Cazenove | Overweight | Reiterate | |
| 2014-05-22 | Numis Securities | Add | Reiterate | |
| 2014-05-13 | Numis Securities | Add | Reiterate | |
| 2014-04-28 | Deutsche Bank | Buy | Upgrade | |
| 2014-04-22 | Nomura | Buy | Reiterate | |
| 2014-04-03 | JP Morgan Cazenove | Overweight | Upgrade | |
| 2014-03-27 | Numis Securities | Add | Reiterate | |
| 2014-02-07 | Nomura | Buy | Upgrade | |
| 2014-02-06 | HSBC | Overweight | Reiterate | |
| 2014-02-05 | Barclays | Overweight | Reiterate | |
| 2014-01-31 | Deutsche Bank | Hold | Reiterate | |
| 2014-01-30 | Panmure Gordon | Sell | Reiterate | |
| 2014-01-30 | Numis Securities | Add | Reiterate | |
| 2014-01-24 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2014-01-23 | Numis Securities | Add | Downgrade | |
| 2013-11-27 | Panmure Gordon | Sell | Reiterate | |
| 2013-11-27 | JP Morgan Cazenove | Neutral | Upgrade | |
| 2013-11-27 | Nomura | Neutral | Reiterate | |
| 2013-11-27 | Jefferies | Buy | Reiterate | |
| 2013-11-26 | Numis Securities | Buy | Reiterate | |
| 2013-11-22 | Panmure Gordon | Sell | Reiterate | |
| 2013-11-21 | Deutsche Bank | Hold | Reiterate | |
| 2013-10-24 | AlphaValue | Reduce | Upgrade | |
| 2013-10-21 | Numis Securities | Add | Reiterate | |
| 2013-09-27 | JP Morgan Cazenove | Underweight | Reiterate | |
| 2013-09-26 | Shore Capital | Hold | Reiterate | |
| 2013-09-25 | Deutsche Bank | Hold | Reiterate | |
| 2013-09-23 | Numis Securities | Add | Reiterate | |
| 2013-09-20 | Panmure Gordon | Sell | Reiterate | |
| 2013-09-12 | JP Morgan Cazenove | Underweight | Downgrade | |
| 2013-09-05 | Jefferies | Buy | Reiterate | |
| 2013-08-12 | Bank of America | Buy | Reiterate | |
| 2013-08-06 | Barclays | Overweight | Reiterate | |
| 2013-07-25 | Numis Securities | Add | Reiterate | |
| 2013-07-24 | HSBC | Overweight | Upgrade | |
| 2013-07-21 | Morgan Stanley | Equal-weight | Reiterate | |
| 2013-07-08 | Barclays | Overweight | Reiterate | |
| 2013-07-08 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2023-05-23 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2023-05-17 | Shore Capital | Hold | Reiterate | |
| 2023-06-13 | Shore Capital | Hold | Reiterate | |
| 2023-06-14 | Deutsche | Buy | Reiterate | |
| 2023-06-16 | Numis | Buy | Reiterate | |
| 2023-11-30 | Shore Capital | Hold | Reiterate | |
| 2023-09-29 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2023-12-14 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2024-05-23 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2024-02-20 | Jefferies | Buy | Reiterate | |
| 2024-05-22 | Shore Capital | Buy | Reiterate | |
| 2025-07-25 | Shore Capital | Buy | Reiterate | |
| 2024-09-26 | Shore Capital | Buy | Reiterate | |
| 2024-09-11 | JP Morgan Cazenove | Neutral | Reiterate | |
| 2024-07-25 | Shore Capital | Buy | Reiterate | |
| 2024-12-19 | Shore Capital | Buy | Reiterate | |
| 2025-03-07 | Shore Capital | Buy | Reiterate | |
| 2025-05-22 | Shore Capital | Buy | Reiterate | |
| 2025-07-25 | Peel Hunt Limited | Buy | Reiterate | |
| 2025-07-25 | Deutsche | Hold | Reiterate |
