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EUROPE RESEARCH ROUNDUP-Antofagasta, Ashtead Group, Close Brothers Group Dec 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Antofagasta, Ashtead Group, and Close Brothers Group, on Friday. HIGHLIGHTS * Antofagasta ANTO.L : Jefferies cuts to hold from buy * Ashtead Group AHT.L : HSBC cuts target price to 5430p from 6860p * Close Brothers Group PLC CBRO.L : Peel Hunt cuts PT to 785p from 832p * LVMH LVMH.PA : Morgan Stanley cuts t
BUZZ-UK's Mitchells & Butlers gains on annual profit beat ** Shares of Mitchells & Butlers Plc MAB.L rise as much as 1.8% to 246.8p ** Pub group posts smaller-than-expected 8% fall in FY adjusted operating profit at 221 mln pounds ($280.7 mln) vs analysts' consensus of 216.7 mln pounds as per LSEG data ** Owner of Toby Carvery, Harvester, and All B
UPDATE 1-UK Stocks-Factors to watch on Nov. 30 Updates futures, adds news items in bullets 1-4 Nov 30 (Reuters) - Britain's FTSE 100 index .FTSE is expected to open higher on Thursday, with futures FFIc1 up 0 .17%. * METRO BANK: British lender Metro Bank MTRO.L on Thursday announced plans to lay off 20% of its headcount as part of its cost-cutting drive to save up to 50 million pounds ($63.51 million) a year.
UPDATE 3-Mitchells & Butlers skips annual dividend, shares tumble Rewrites with shares extending fall, more analyst comment in paragraph 5 By Aby Jose Koilparambil and Radhika Anilkumar Nov 30 (Reuters) - British pub group Mitchells & Butlers MAB.L posted on Thursday a smaller than expected fall in annual profit as input costs eased but its shares tumbled 12.5% after it declared no dividend for the year and some analysts expressed doubts about prospects for earnings growth.
BRIEF-Mitchells & Butlers Says FY Total Revenue Of £2,503M (FY 2022 £2,208M) Nov 30 (Reuters) - Mitchells & Butlers PLC MAB.L : FULL YEAR RESULTS FY LIKE-FOR-LIKE SALES GROWTH FOR PERIOD OF 9.1% AGAINST FY 2022 COST HEADWINDS PRESENTED A SIGNIFICANT CHALLENGE IN FY 2023 ANTICIPATED OVERALL COST HEADWINDS FOR YEAR AHEAD ARE EXPECTED TO REDUCE TO C
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