Mullen Group Ltd. (TSE:MTL) had its price objective upped by Royal Bank Of Canada from C$19.00 to C$21.00 in a research note published on Friday, StockTargetPrices.com reports.
Several other analysts have also issued reports on MTL. Raymond James Financial Inc. upped their target price on shares of Mullen Group from C$16.00 to C$16.25 in a research note on Thursday, July 21st. Scotiabank reiterated an outperform rating and issued a C$16.00 target price on shares of Mullen Group in a research note on Thursday, July 21st. TD Securities reiterated a buy rating and issued a C$18.00 target price on shares of Mullen Group in a research note on Thursday, July 21st. CIBC upped their target price on shares of Mullen Group from C$17.00 to C$18.50 in a research note on Friday, July 22nd. Finally, AltaCorp Capital reiterated a sector perform rating on shares of Mullen Group in a research note on Monday, August 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Buy and an average price target of C$17.94.
Shares of Mullen Group (TSE:MTL) opened at 16.70 on Friday. Mullen Group has a 1-year low of $13.02 and a 1-year high of $19.29. The firm has a market cap of $1.73 billion and a price-to-earnings ratio of 34.72. The company has a 50 day moving average of $16.15 and a 200 day moving average of $15.03.
Mullen Group Company Profile
Mullen Group Ltd. is a supplier of trucking and logistics services in Canada. The Company provides a range of specialized transportation and related services to the oil and natural gas industry in western Canada. The Company operates in two segments: Trucking/Logistics and Oilfield Services. Its Trucking/Logistics segment offers a range of truckload freight services to customers in Canada and the United States.
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