Mullen Group Ltd (MTL) Rating Reiterated by TD Securities

TD Securities restated their hold rating on shares of Mullen Group Ltd (TSE:MTL) in a research report released on Tuesday morning. The firm currently has a C$18.00 target price on the stock.

A number of other equities analysts have also recently issued reports on MTL. CIBC lowered their target price on Mullen Group from C$20.50 to C$19.00 in a report on Thursday, July 20th. National Bank Financial raised Mullen Group from a sector perform rating to an outperform rating and upped their target price for the stock from C$18.00 to C$18.75 in a report on Tuesday, July 25th. Scotiabank reissued an outperform rating and issued a C$18.00 price target on shares of Mullen Group in a research note on Wednesday, July 26th. Raymond James Financial, Inc. increased their price target on Mullen Group from C$15.25 to C$15.75 and gave the company a market perform rating in a research note on Thursday, July 27th. Finally, Canaccord Genuity decreased their price target on Mullen Group from C$19.00 to C$18.00 in a research note on Friday, October 27th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of C$17.81.

Mullen Group (MTL) opened at C$16.46 on Tuesday.

TRADEMARK VIOLATION NOTICE: This report was originally published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this report on another publication, it was stolen and republished in violation of United States & international copyright & trademark laws. The original version of this report can be viewed at https://www.com-unik.info/2017/11/04/mullen-group-ltd-mtl-rating-reiterated-by-td-securities.html.

The business also recently declared a monthly dividend, which was paid on Monday, October 16th. Stockholders of record on Saturday, September 30th were paid a $0.03 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.36 annualized dividend and a dividend yield of 2.19%.

Mullen Group Company Profile

Mullen Group Ltd is a Canada-based supplier of trucking and logistics services. It operates through two operating segments: Trucking/Logistics and Oilfield Services. The Trucking/Logistics segment consists of over 10 Business Units, offering a range of truckload and less-than-truckload (LTL) general freight services to customers in Canada and the United States, such as transporting goods, including general freight; commodities, such as cable, pipe and steel; over-dimensional loads, such as heavy equipment and compressors, and dry bulk commodities, such as cement and frac sand.

Analyst Recommendations for Mullen Group (TSE:MTL)

What are top analysts saying about Mullen Group Ltd? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Mullen Group Ltd and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit