Mobility Global (NYSE:MBGL) Rating Increased to Strong-Buy at Wolfe Research

Mobility Global (NYSE:MBGL) was upgraded by analysts at Wolfe Research to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other brokerages have also recently issued reports on MBGL. Royal Bank Of Canada started coverage on shares of Mobility Global in a research note on Thursday, July 2nd. They issued a “sector perform” rating and a $23.00 price objective on the stock. Wells Fargo & Company started coverage on shares of Mobility Global in a report on Wednesday, July 8th. They set an “overweight” rating and a $27.00 target price for the company. Wall Street Zen upgraded shares of Mobility Global to a “hold” rating in a research report on Saturday. Robert W. Baird started coverage on Mobility Global in a report on Thursday, July 2nd. They issued a “neutral” rating and a $23.00 price target on the stock. Finally, UBS Group set a $23.00 price objective on Mobility Global in a research note on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $24.00.

Mobility Global Stock Performance

Shares of Mobility Global stock opened at $19.75 on Monday. Mobility Global has a 52 week low of $17.67 and a 52 week high of $26.00.