Mullen Group Ltd. (MTL) to Release Quarterly Earnings on Wednesday
Mullen Group Ltd. (TSE:MTL) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, October 19th.
Shares of Mullen Group Ltd. (TSE:MTL) opened at 16.86 on Monday. The stock’s 50 day moving average price is $16.18 and its 200-day moving average price is $15.07. The company has a market cap of $1.75 billion and a PE ratio of 35.05. Mullen Group Ltd. has a one year low of $13.02 and a one year high of $19.29.
MTL has been the topic of several research analyst reports. RBC Capital Markets boosted their price target on shares of Mullen Group from C$19.00 to C$21.00 in a research report on Friday, October 7th. Raymond James Financial Inc. cut shares of Mullen Group from an “outperform” rating to a “market perform” rating and boosted their price target for the company from C$16.25 to C$16.50 in a research report on Friday, October 7th. Royal Bank Of Canada boosted their price target on shares of Mullen Group from C$19.00 to C$21.00 in a research report on Friday, October 7th. AltaCorp Capital reiterated a “sector perform” rating on shares of Mullen Group in a research report on Monday, August 15th. Finally, TD Securities boosted their price target on shares of Mullen Group from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Tuesday, September 13th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of C$17.81.
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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