MULLEN GROUP LTD PT Raised to $27.50 (MLLGF)
Scotiabank upped their price objective on shares of MULLEN GROUP LTD (NASDAQ:MLLGF) from $25.00 to $27.50 in a research note issued on Friday, AnalystRatingsNetwork reports. Scotiabank’s price target would indicate a potential upside of 10.00% from the stock’s previous close.
Shares of MULLEN GROUP LTD (NASDAQ:MLLGF) opened at 25.00 on Friday. 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 P/E ratio of 15.85.
A number of other analysts have also recently weighed in on MLLGF. Analysts at CIBC raised their price target on shares of MULLEN GROUP LTD from $23.00 to $27.00 in a research note to investors on Friday. They now have a “sector performer” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of MULLEN GROUP LTD from $25.00 to $29.00 in a research note to investors on Friday. They now have a “market perform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of MULLEN GROUP LTD from $25.00 to $27.00 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $26.50.
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