Wall Street analyst has provided a rating update for the Services sector company yesterday, while remaining neutral on the stock. Mullen Group Ltd. (TSX: MTL) received a Hold rating from Canaccord Genuity’s analyst John Bereznicki, with a C$17.50 price target.
According to TipRanks.com, Bereznicki is ranked #999 out of 4847 analysts.
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Currently, the analyst consensus on Mullen Group Ltd. is a Hold with an average price target 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 108.9K.
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 Friday at C$16.25.
