Royal Bank Of Canada Lowers Mobico Group (LON:MCG) Price Target to GBX 25

Mobico Group (LON:MCG) had its price target lowered by investment analysts at Royal Bank Of Canada from GBX 30 to GBX 25 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 33.31% from the stock’s previous close.

Separately, Berenberg Bank reiterated a “hold” rating and set a GBX 35 price target on shares of Mobico Group in a research report on Monday, January 19th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 30.

Mobico Group Trading Up 1.2%

LON MCG opened at GBX 18.75 on Wednesday. The stock has a market capitalization of £114.46 million, a price-to-earnings ratio of -0.11 and a beta of 0.86. The stock has a 50-day moving average of GBX 23.22 and a 200 day moving average of GBX 24.62. Mobico Group has a twelve month low of GBX 17.59 and a twelve month high of GBX 64.40.

Mobico Group (LON:MCG) last issued its quarterly earnings data on Thursday, February 26th. The company reported GBX (19.20) EPS for the quarter. Mobico Group had a negative net margin of 10.75% and a positive return on equity of 160.47%. Equities analysts predict that Mobico Group will post 14.0227704 EPS for the current fiscal year.

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.