ShoreCap upgrades Mitchells & Butlers to 'buy'
22nd Feb 2024 13:54
(Sharecast News) - Shore Capital upgraded Mitchells & Butlers on Thursday to 'buy' from 'hold' as it said robust trading year-to-date points to strong trading in FY24.
Read moreLondon close: Stocks slip after surprise jump in UK inflation
17th Jan 2024 15:03
(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.
Read moreMitchells & Butlers gives confident outlook as festive sales jump
17th Jan 2024 07:59
(Sharecast News) - Harvester, Toby Carvery and All Bar One owner Mitchells & Butlers said it expects full-year results to be at the "top end" of expectations after a solid first-quarter performance with sales rising strongly over the key festive period.
Read moreNumis upgrades JD Wetherspoons on strong Christmas trading
11th Jan 2024 10:15
(Sharecast News) - Shares in pub owner JD Wetherspoon were rising on Thursday on the back of positive comments from Numis, which upgraded its rating on the stock from 'reduce' to 'buy' after factoring in the company's recent improvement in trading.
Read moreLondon close: Stocks mixed after US, Europe inflation data
30th Nov 2023 15:16
(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.
Read moreMitchells & Butlers shares drop as full-year profits sink
30th Nov 2023 08:08
(Sharecast News) - Shares in Mitchells & Butlers dropped on Thursday after the restaurants, pubs and bars group reported a big drop in annual profits on the back of significant cost headwinds and property valuation movements, which outweighed strong sales growth over the year.
Read moreLondon close: Stocks mixed as US inflation comes in slightly hot
12th Oct 2023 16:02
(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.
Read moreLondon close: Stocks mixed as interest rate concerns simmer
28th Sep 2023 16:12
(Sharecast News) - London stocks finished with a varied performance on Thursday as investors pored over the latest US jobless claims data, with underlying anxieties regarding interest rates still bubbling away.
Read moreMitchells & Butlers sees FY at top end as cost pressures ease
28th Sep 2023 07:03
(Sharecast News) - Pub and restaurant chain Mitchells & Butlers said it expected full-year earnings would be at the top end of expectations after a strong rise in sales and easing of cost headwinds.
Read moreMitchells & Butlers sees FY at top end as margins improve, inflation eases
27th Jul 2023 07:46
(Sharecast News) - UK pub group Mitchells & Butlers on Thursday said it expected full year results to be at the top end of market expectations after reporting a rise in third-quarter like-for-like sales.
Read moreJefferies hikes target for Mitchells & Butlers, expects 'material' market share gains
18th May 2023 12:12
(Sharecast News) - Analysts at Jefferies hiked their target price for shares of Mitchells & Butlers in light of the "robust" momentum in the pub owner's sales and given the prospect that cost pressures would abate.
Read moreBroker tips: M&S, Mitchells & Butlers, AMS
18th May 2023 08:10
(Sharecast News) - Citi downgraded its stance on Marks & Spencer on Thursday to 'neutral' from 'buy' and trimmed the price target to 170p from 175p.
Read moreMitchells & Butlers cost outlook improving as H1 profits fall
17th May 2023 07:41
(Sharecast News) - UK pub group Mitchells & Butlers on Wednesday said its medium-term cost outlook was improving, despite a fall in half-year profits.
Read moreMitchells & Butlers cost outlook improving as H1 profits fall
17th May 2023 07:41
(Sharecast News) - UK pub group Mitchells & Butlers on Wednesday said its medium-term cost outlook was improving, despite a fall in half-year profits.
Read moreMitchells & Butlers Q1 sales rise but warns of tough environment
12th Jan 2023 07:47
(Sharecast News) - Pub group Mitchells and Butlers reported a rise in first-quarter sales as customers enjoyed their first Christmas free of Covid restrictions, but warned of a challenging outlook for the hospitality sector.
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