Mobico Group (LON:MCG) Receives “Hold” Rating from Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Mobico Group (LON:MCG) in a research report report published on Wednesday morning, Marketbeat.com reports. The brokerage currently has a GBX 35 price objective on the stock.

Separately, Royal Bank Of Canada decreased their price target on Mobico Group from GBX 35 to GBX 30 and set a “sector perform” rating for the company in a research note on Monday, October 6th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 32.50.

Mobico Group Trading Down 1.5%

MCG stock opened at GBX 21.53 on Wednesday. The stock has a market cap of £131.39 million, a PE ratio of -0.13 and a beta of 1.60. Mobico Group has a 12 month low of GBX 18.57 and a 12 month high of GBX 91.15. The company has a 50-day moving average price of GBX 26.56 and a 200 day moving average price of GBX 29.56.

Mobico Group (LON:MCG) last posted its quarterly earnings data on Tuesday, September 9th. The company reported GBX 3.80 earnings per share for the quarter. Mobico Group had a negative net margin of 4.36% and a negative return on equity of 13.71%. Sell-side analysts forecast that Mobico Group will post 14.0227704 EPS for the current year.

Mobico Group Company Profile

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.