Raymond James Financial Inc. Lowers Mullen Group Ltd Com Npv (MLLGF) to Market Perform
Mullen Group Ltd Com Npv (OTCMKTS:MLLGF) was downgraded by stock analysts at Raymond James Financial Inc. from an “outperform” rating to a “market perform” rating in a report released on Tuesday. They currently have a $16.50 price objective on the stock, up from their previous price objective of $16.25. Raymond James Financial Inc.’s price objective suggests a potential upside of 31.64% from the company’s previous close.
Separately, TD Securities reaffirmed a “buy” rating and issued a $19.00 price objective (up from $18.00) on shares of Mullen Group Ltd Com Npv in a research report on Tuesday, September 13th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Mullen Group Ltd Com Npv has an average rating of “Buy” and a consensus target price of $17.20.
Shares of Mullen Group Ltd Com Npv (OTCMKTS:MLLGF) traded up 0.000% during trading on Tuesday, hitting $12.534. Mullen Group Ltd Com Npv has a one year low of $9.29 and a one year high of $13.93. The stock has a market cap of $1.30 billion and a price-to-earnings ratio of 34.434. The company’s 50 day moving average price is $12.42 and its 200-day moving average price is $11.51.
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