Mobility Global (NYSE:MBGL) Given New $25.00 Price Target at Wells Fargo & Company

Mobility Global (NYSE:MBGL) had its target price reduced by research analysts at Wells Fargo & Company from $27.00 to $25.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential upside of 17.64% from the company’s current price.

A number of other equities research analysts have also commented on the company. UBS Group set a $23.00 target price on Mobility Global in a research report on Thursday, July 2nd. Zacks Research upgraded Mobility Global to a “hold” rating in a research report on Thursday, July 30th. Wolfe Research upgraded Mobility Global to a “strong-buy” rating in a research report on Monday, July 20th. Royal Bank Of Canada began coverage on shares of Mobility Global in a research note on Thursday, July 2nd. They set a “sector perform” rating and a $23.00 price objective on the stock. Finally, Wall Street Zen raised shares of Mobility Global to a “hold” rating in a report on Saturday, July 18th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.50.

Mobility Global Price Performance

MBGL stock opened at $21.25 on Tuesday. Mobility Global has a 52 week low of $17.67 and a 52 week high of $26.00.