MULLEN GROUP LTD Upgraded to “Outperform” by National Bank Financial (MLLGF)
MULLEN GROUP LTD (NASDAQ:MLLGF) was upgraded by equities researchers at National Bank Financial from a “sector perform” rating to an “outperform” rating in a research report issued on Thursday, StockRatingsNetwork reports.
A number of other analysts have also recently weighed in on MLLGF. Analysts at Scotiabank reiterated a “sector perform” rating on shares of MULLEN GROUP LTD in a research note to investors on Tuesday, October 15th. They now have a $45.00 price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. MULLEN GROUP LTD presently has a consensus rating of “Hold” and an average 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 52 week low of $19.54 and a 52 week 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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