In a new note to investors yesterday, an analyst has provided a rating update for Mullen Group Ltd. (MTL). TD Securities’ analyst Aaron Macneil reiterates their Hold rating on the shares, with a C$12.50 price target.
According to TipRanks.com, Macneil is ranked #4792 out of 5120 analysts.
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Currently, the analyst consensus on Mullen Group Ltd. is a Moderate Buy with an average price target of C$15.77.
Mullen Group Ltd.’s market cap is currently C$1.31B and has a P/E ratio of 29.8. The company has a Price to Book ratio of 1.32.
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 Monday at C$12.54.
