Today, an analyst has provided a rating update for the Services sector company, Mullen Group Ltd. (MTL). Analyst Michael Mazar from BMO Capital rated Mullen Group Ltd. (MTL) a Hold, setting a C$13 price target.
According to TipRanks.com, Mazar is ranked #3556 out of 5141 analysts.
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Currently, the analyst consensus on Mullen Group Ltd. is a Moderate Buy with an average price target of C$13.89, which is a 21.4% upside from current levels. In a report released today, GMP FirstEnergy also maintained a Hold rating on the stock with a C$12.50 price target.
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The company has a one-year high of C$16.93 and a one-year low of C$11.26. Currently, Mullen Group Ltd. has an average volume of 251.6K.
Mullen Group Ltd. provides freight trucking, management and oil field services. The company operates through the following 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 Friday at C$11.44, close to its 52-week low of C$11.26.
