Analyst Downgrades – Mullen Group Ltd (TSE:MTL) Stock Gets Downgraded By National Bank Financial from Outperfrom Under Weight to Sector Perform Under Weight

ME Staff
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Analyst Ratings For Mullen Group Ltd (TSE:MTL)

Today, Mullen Group Ltd (TSE:MTL) stock was downgraded by National Bank Financial from Outperfrom Under Weight to Sector Perform Under Weight.

There are 4 hold ratings, 5 buy ratings on the stock.

The current consensus rating on Mullen Group Ltd (TSE:MTL) is Buy (Score: 2.56) with a consensus target price of C$19.88 per share, a potential .

Some recent analyst ratings include

  • 4/19/2017-National Bank Financial was Downgraded by analysts at National Bank Financial from a “Outperfrom Under Weight ” rating to a ” Sector Perform Under Weight” rating.
  • 4/20/2017-Raymond James Financial, Inc. Reiterated Rating of Outperform.
  • 2/9/2017-Canaccord Genuity was Downgraded by analysts at Canaccord Genuity from a “Buy ” rating to a ” Hold” rating. They now have a C$20.00 price target on the stock.


    About Mullen Group Ltd (TSE:MTL)
    Mullen Group Ltd. is a supplier of trucking and logistics services in Canada. The Company operates through its Business Units, which are divided into 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. These services include 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. The Oilfield Services segment consists of over 10 Business Units that provide transportation services, drilling, well-servicing and dewatering services to the oil and natural gas industry. These services include transporting of oversize and overweight shipments, conductor pipe setting, core drilling, and transportation and disposal of fluids.

    Recent Trading Activity for Mullen Group Ltd (TSE:MTL)
    Shares of Mullen Group Ltd closed the previous trading session at 15.31 down -0.28 -1.80% with 350,957 shares trading hands.