Mullen Group Ltd Com Npv (MLLGF) Lowered to “Market Perform” at Raymond James Financial Inc.
Mullen Group Ltd Com Npv (OTCMKTS:MLLGF) was downgraded by Raymond James Financial Inc. from an “outperform” rating to a “market perform” rating in a note issued to investors on Tuesday. They presently have a $16.50 price objective on the stock, up from their previous price objective of $16.25. Raymond James Financial Inc.’s price target points to a potential upside of 31.64% from the company’s previous close.
Separately, TD Securities reaffirmed a “buy” rating and set a $19.00 price objective (up previously from $18.00) on shares of Mullen Group Ltd Com Npv in a research report on Tuesday, September 13th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $17.20.
Shares of Mullen Group Ltd Com Npv (OTCMKTS:MLLGF) traded up 0.000% on Tuesday, hitting $12.534. Mullen Group Ltd Com Npv has a one year low of $9.29 and a one year high of $13.93. The firm’s 50 day moving average price is $12.42 and its 200 day moving average price is $11.51. The stock has a market capitalization of $1.30 billion and a price-to-earnings ratio of 34.434.
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