A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Raymond James’ analyst Andrew Bradford reiterates their Buy rating on the shares of Mullen Group Ltd. (MTL), with a C$15.25 price target.
According to TipRanks.com, Bradford ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -15.6% and a 31.0% success rate. Bradford covers the Basic Materials sector, focusing on stocks such as Essential Energy Services Ltd, Trican Well Service Ltd, and Precision Drilling.
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Mullen Group Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of C$14.45.
Mullen Group Ltd.’s market cap is currently C$1.28B and has a P/E ratio of 30.2. The company has a Price to Book ratio of 1.29.
Mullen Group Ltd. provides freight trucking, management and oil field services through its subsidiaries. The company operates through two business segments: Oilfield Services and Trucking/Logistics. The Oilfield Services segment provides specialized transportation, drilling, well-servicing and dewatering services to the oil and natural gas industry.
The company’s shares closed on Thursday at C$11.74, close to its 52-week low of C$11.39.
