Mullen Group (OTCMKTS:MLLGF – Get Rating) had its price objective dropped by equities research analysts at BMO Capital Markets from C$18.00 to C$17.00 in a note issued to investors on Friday, The Fly reports.
A number of other equities research analysts have also recently weighed in on MLLGF. National Bank Financial upped their price objective on Mullen Group from C$16.50 to C$18.00 in a research note on Monday, July 25th. Royal Bank of Canada cut Mullen Group from an "outperform" rating to a "sector perform" rating in a research note on Friday. Raymond James upgraded Mullen Group from an "outperform" rating to a "strong-buy" rating in a research note on Friday, July 22nd. Scotiabank cut Mullen Group from an "outperform" rating to a "sector perform" rating in a research note on Tuesday, October 11th. Finally, TD Securities upped their price objective on Mullen Group from C$14.00 to C$17.00 in a research note on Friday, July 22nd. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $17.00.
Get Mullen Group alerts:Mullen Group Stock Performance
Shares of MLLGF stock opened at $9.56 on Friday. Mullen Group has a twelve month low of $8.39 and a twelve month high of $11.90. The stock has a fifty day simple moving average of $10.90 and a two-hundred day simple moving average of $10.22.
About Mullen Group
(Get Rating)Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The company operates in four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products.
Further Reading
- Get a free copy of the StockNews.com research report on Mullen Group (MLLGF)
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