MULLEN GROUP LTD Price Target Raised to $27.00 at TD Securities (MLLGF)
Equities research analysts at TD Securities lifted their price target on shares of MULLEN GROUP LTD (NASDAQ:MLLGF) from $25.00 to $27.00 in a research note issued to investors on Thursday, AnalystRatingsNetwork reports. The firm currently has a “hold” rating on the stock. TD Securities’ price target indicates a potential upside of 8.00% from the company’s current price.
MLLGF has been the subject of a number of other recent research reports. Analysts at Scotiabank reiterated a “sector perform” rating on shares of MULLEN GROUP LTD in a research note to investors on Thursday. They now have a $25.00 price target on the stock. Separately, analysts at Raymond James raised their price target on shares of MULLEN GROUP LTD from $24.00 to $26.50 in a research note to investors on Thursday. They now have a “market perform” rating on the stock. Finally, analysts at National Bank Financial upgraded shares of MULLEN GROUP LTD from a “sector perform” rating to an “outperform” rating in a research note to investors on Thursday. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. MULLEN GROUP LTD presently has an average rating of “Hold” and a consensus price target of $24.50.
Shares of MULLEN GROUP LTD (NASDAQ:MLLGF) remained flat at $25.00 during during mid-day trading trading on Thursday. MULLEN GROUP LTD has a 1-year low of $19.54 and a 1-year high of $25.14. The stock has a 50-day moving average of $23.86 and a 200-day moving average of $21.80. The company has a market cap of $2.254 billion and a price-to-earnings ratio of 15.85.
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