Today, an analyst has provided a rating update for the Services sector company, Mullen Group Ltd. (TSX: MTL). Analyst John Bereznicki from Canaccord Genuity reiterated a Hold rating, with a C$17 price target.
According to TipRanks.com, Bereznicki is a 4-star analyst with an average return of 4.9% and a 46.3% success rate. Bereznicki covers the Basic Materials sector, focusing on stocks such as Trican Well Service Ltd, Precision Drilling, and Trinidad Drilling.
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Currently, the analyst consensus on Mullen Group Ltd. is a Hold with an average price target of C$17.42.
The company has a one-year high of C$17.12 and a one-year low of C$14.10. Currently, Mullen Group Ltd. has an average volume of 96.26K.
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 Tuesday at C$15.11.
