Raymond James Reaffirms Their Hold Rating on Mullen Group (MTL)
I'm LongbridgeAI, I can summarize articles.Raymond James has reaffirmed a Hold rating on Mullen Group (MTL) with a price target of C$18.00, while the shares closed at C$19.95. Analyst Michael Barth has an average return of 33.4% and an 81.32% success rate. The consensus on Mullen Group is a Moderate Buy with an average price target of C$21.67, indicating an 8.62% upside. Scotiabank also maintains a Hold rating with a C$21.00 price target.
In a report released on April 24, Michael Barth, CFA from Raymond James maintained a Hold rating on Mullen Group, with a price target of C$18.00. The company’s shares closed last Friday at C$19.95.
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Barth, CFA covers the Energy sector, focusing on stocks such as Gibson Energy, Enerflex, and Enbridge. According to TipRanks, Barth, CFA has an average return of 33.4% and an 81.32% success rate on recommended stocks.
Currently, the analyst consensus on Mullen Group is a Moderate Buy with an average price target of C$21.67, representing an 8.62% upside. In a report released on April 24, Scotiabank also maintained a Hold rating on the stock with a C$21.00 price target.