Mullen Group Ltd. (MTL) to Release Quarterly Earnings on Wednesday
Mullen Group Ltd. (TSE:MTL) will be announcing its earnings results after the market closes on Wednesday, October 19th.
Shares of Mullen Group Ltd. (TSE:MTL) opened at 16.70 on Tuesday. The company has a market cap of $1.73 billion and a P/E ratio of 34.72. Mullen Group Ltd. has a 1-year low of $13.02 and a 1-year high of $19.29. The firm has a 50-day moving average price of $16.18 and a 200-day moving average price of $15.10.
A number of equities analysts have issued reports on MTL shares. Royal Bank Of Canada reiterated an “outperform” rating and set a C$19.00 price target on shares of Mullen Group in a research report on Friday, July 22nd. CIBC increased their price target on Mullen Group from C$17.00 to C$18.50 in a research report on Friday, July 22nd. Raymond James Financial Inc. increased their price target on Mullen Group from C$16.00 to C$16.25 in a research report on Thursday, July 21st. Scotiabank reiterated an “outperform” rating and set a C$16.00 price target on shares of Mullen Group in a research report on Thursday, July 21st. Finally, RBC Capital Markets increased their price target on Mullen Group from C$19.00 to C$21.00 in a research report on Friday, October 7th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Mullen Group presently has an average rating of “Buy” and an average target price of C$17.81.
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About Mullen Group
Mullen Group Ltd. is a supplier of trucking and logistics services in Canada. The Company provides a range of specialized transportation and related services to the oil and natural gas industry in western Canada. The Company operates in two segments: Trucking/Logistics and Oilfield Services. Its Trucking/Logistics segment offers a range of truckload freight services to customers in Canada and the United States.
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