TORONTO, ON – Shares of Mullen Group have received a consensus recommendation of “hold” from eight ratings firms currently covering the company, according to AnalystRatingsNetwork.
Six analysts have rated the Canadian transportation company’s stock with a hold recommendation and one has given a buy recommendation to the company.
The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$25.13.
MTL has been the subject of a number of recent research reports.
- Analysts at TD Securities lowered their price target on shares of Mullen Group from C$25.00 to C$23.00 and set a “hold” rating on Jan. 12
- Analysts at Scotiabank lowered their price target on shares of Mullen Group from C$27.00 to C$23.25 and set an “outperform” rating on the stock on Dec.19.
- Analysts at RBC Capital lowered their price target on shares of Mullen Group from C$22.00 to C$20.00 and set a “sector perform” rating on the stock on Dec. 19.
- Analysts at Raymond James lowered their price target on shares of Mullen Group from C$25.00 to C$22.75 on Dec.15.
Shares of Mullen Group (“MTL” on the Toronto Stock Exchange) has a one year low of $18.11 and a one year high of $31.34. The stock’s 50-day moving average is $20.57 and its 200-day moving average is $24.77. The company has a market cap of $1.745 billion and a price-to-earnings ratio of 18.79.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.