Barclays Capital Reconfirms Mitchells Butlers PLC (LON:MAB) As Underweight; Has Price Objective Of GBX 225.00; Virtusa (VRTU) Sentiment Is 1.5

May 18, 2018 - By Vivian Currie

Virtusa Corporation (NASDAQ:VRTU) Logo

Virtusa Corp (VRTU) investors sentiment increased to 1.5 in Q4 2017. It’s up 0.70, from 0.8 in 2017Q3. The ratio has increased, as 87 institutional investors increased and started new equity positions, while 58 sold and decreased their equity positions in Virtusa Corp. The institutional investors in our database now have: 24.34 million shares, down from 25.23 million shares in 2017Q3. Also, the number of institutional investors holding Virtusa Corp in top ten equity positions decreased from 2 to 0 for a decrease of 2. Sold All: 7 Reduced: 51 Increased: 50 New Position: 37.

They currently have a GBX 225.00 PT on Mitchells Butlers PLC (LON:MAB). Barclays Capital’s target would suggest a potential downside of -14.02% from the company’s close price. This was revealed to clients and investors in a note on Friday, 18 May.

The stock increased 0.84% or GBX 2.2 during the last trading session, reaching GBX 264.2. About 39,873 shares traded. Mitchells & Butlers plc (LON:MAB) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Mitchells & Butlers plc managed pubs and restaurants in the United Kingdom and Germany. The company has market cap of 1.13 billion GBP. The firm operates through Retail Operating Business and Property Business divisions. It has a 17.61 P/E ratio. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Oak Tree Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson??s, O??Neill??s, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.

Among 21 analysts covering Mitchells Butlers PLC (LON:MAB), 6 have Buy rating, 4 Sell and 11 Hold. Therefore 29% are positive. Mitchells Butlers PLC has GBX 523 highest and GBX 210 lowest target. GBX 314.42’s average target is 19.01% above currents GBX 264.2 stock price. Mitchells Butlers PLC had 176 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Add” rating on Thursday, May 11 by Peel Hunt. The stock of Mitchells & Butlers plc (LON:MAB) earned “Buy” rating by Canaccord Genuity on Friday, September 11. The company was maintained on Friday, May 11 by Peel Hunt. As per Thursday, January 7, the company rating was maintained by AlphaValue. The rating was maintained by Goodbody with “Hold” on Thursday, January 28. Panmure Gordon upgraded the stock to “Hold” rating in Thursday, January 28 report. Canaccord Genuity maintained it with “Buy” rating and GBX 475 target in Friday, August 14 report. Peel Hunt maintained Mitchells & Butlers plc (LON:MAB) rating on Wednesday, October 25. Peel Hunt has “Add” rating and GBX 300 target. Liberum Capital maintained the shares of MAB in report on Monday, January 15 with “Sell” rating. Canaccord Genuity maintained the shares of MAB in report on Tuesday, December 13 with “Buy” rating.

The stock decreased 0.55% or $0.26 during the last trading session, reaching $47.37. About 244,576 shares traded or 12.12% up from the average. Virtusa Corporation (VRTU) has risen 56.23% since May 18, 2017 and is uptrending. It has outperformed by 44.68% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 18 insider sales for $8.74 million activity.

Ratings analysis reveals 67% of Virtusa’s analysts are positive. Out of 3 Wall Street analysts rating Virtusa, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $24.0 while the high is $29.0. The stock’s average target of $26.33 is -44.42% below today’s ($47.37) share price. VRTU was included in 3 notes of analysts from September 9, 2016. The firm has “Buy” rating given on Thursday, November 10 by Maxim Group. The rating was maintained by Needham on Thursday, November 10 with “Buy”. The firm earned “Neutral” rating on Friday, September 9 by Wedbush.

P.A.W. Capital Corp holds 2.77% of its portfolio in Virtusa Corporation for 50,000 shares. S Squared Technology Llc owns 66,437 shares or 2.67% of their US portfolio. Moreover, Skyline Asset Management Lp has 1.61% invested in the company for 456,500 shares. The Massachusetts-based Granahan Investment Management Inc Ma has invested 1.32% in the stock. Summit Creek Advisors Llc, a Minnesota-based fund reported 142,422 shares.

Virtusa Corporation (NASDAQ:VRTU) Institutional Positions Chart

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