Mobico Group’s (MCG) “Hold” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their hold rating on shares of Mobico Group (LON:MCGFree Report) in a research report released on Tuesday, Marketbeat.com reports. The brokerage currently has a GBX 35 price objective on the stock.

Mobico Group Stock Performance

Shares of LON MCG opened at GBX 27.50 on Tuesday. The firm has a market cap of £167.84 million, a price-to-earnings ratio of -20.40 and a beta of 1.60. The business’s 50-day simple moving average is GBX 33.52 and its 200-day simple moving average is GBX 40.58. Mobico Group has a 52 week low of GBX 24.30 and a 52 week high of GBX 91.15.

Mobico Group (LON:MCGGet Free Report) last issued its quarterly earnings data on Tuesday, September 9th. The company reported GBX 3.80 EPS for the quarter. Mobico Group had a negative return on equity of 13.71% and a negative net margin of 4.36%. As a group, equities research analysts forecast that Mobico Group will post 14.0227704 earnings per share for the current year.

About Mobico Group

(Get Free Report)

Mobico Group is a leading international transport operator, diversified internationally and by business area; with operations in North America, continental Europe, the UK and North Africa.

We provide safe, efficient, clean and reliable shared mobility solutions to cities, businesses, education, healthcare and customers.

We are internationally diversified with a balanced portfolio of high quality contracts and market-leading customer brands.

Further Reading

Receive News & Ratings for Mobico Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobico Group and related companies with MarketBeat.com's FREE daily email newsletter.