A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Mullen Group Ltd. (MTL) received a Hold rating from Canaccord Genuity’s analyst Anthony Petrucci, with a C$13.75 price target.
According to TipRanks.com, Petrucci is ranked 0 out of 5 stars with an average return of -20.3% and a 19.3% success rate. Petrucci covers the Basic Materials sector, focusing on stocks such as Essential Energy Services Ltd, Frontera Energy Corporation, and Tamarack Valley Energy Ltd.
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Currently, the analyst consensus on Mullen Group Ltd. is a Moderate Buy with an average price target of C$13.93.
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 324.8K.
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 Wednesday at C$12.61.
