The Services sector company, Mullen Group Ltd. (TSX: MTL), has received a rating update from a Wall Street analyst today. Analyst Aaron Macneil from TD Securities remains neutral on the stock and has a C$16 price target.
According to TipRanks.com, Macneil is ranked #4707 out of 4872 analysts.
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Mullen Group Ltd. has an analyst consensus of Hold, with a price target consensus of C$17.58.
The company has a one-year high of C$17.62 and a one-year low of C$14.10. Currently, Mullen Group Ltd. has an average volume of 103.8K.
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 Wednesday at C$15.46.