Mobico Group’s (MCG) Hold Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of Mobico Group (LON:MCG) in a research note released on Monday, MarketBeat Ratings reports. They currently have a GBX 35 price target on the stock.

Separately, Royal Bank Of Canada dropped their target price on Mobico Group from GBX 35 to GBX 30 and set a “sector perform” rating on the stock in a research report on Monday, October 6th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Mobico Group has an average rating of “Hold” and a consensus target price of GBX 32.50.

Mobico Group Stock Performance

Mobico Group stock opened at GBX 22.12 on Monday. The business’s 50-day simple moving average is GBX 22.86 and its two-hundred day simple moving average is GBX 28. The company has a market cap of £135.01 million, a PE ratio of -0.13 and a beta of 1.60. Mobico Group has a fifty-two week low of GBX 18.57 and a fifty-two week high of GBX 78.20.

About Mobico Group

Mobico Group is a leading international transport operator, diversified internationally and by business area; with operations in North America, continental Europe, the UK and North Africa.

We provide safe, efficient, clean and reliable shared mobility solutions to cities, businesses, education, healthcare and customers.

We are internationally diversified with a balanced portfolio of high quality contracts and market-leading customer brands.

We help millions of people around the world every day, getting them safely and reliably to work, school, to family and friends.

We are leveraging our network economies to shape the future of multi-modal transport.