Today, an analyst has provided a rating update for the Services sector company, Mullen Group Ltd. (TSX: MTL). The company received a Hold rating from Raymond James’ analyst Andrew Bradford, with a C$15.60 price target.
According to TipRanks.com, Bradford is ranked #3349 out of 4894 analysts.
Read also: Why This Analyst Just Threw Cold Water on New Age Beverages (NBEV) Stock
Mullen Group Ltd. has an analyst consensus of Hold, with a price target consensus of C$17.16, representing a 13.5% upside. In a report released yesterday, Canaccord Genuity also maintained a Hold rating on the stock with a C$17 price target.
.
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 97.88K.
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$15.12.
