Mobico Group (LON:MCG) Given “Hold” Rating at Berenberg Bank

Mobico Group (LON:MCG)‘s stock had its “hold” rating reiterated by investment analysts at Berenberg Bank in a research report issued on Wednesday,Digital Look reports. They presently have a GBX 35 target price on the stock. Berenberg Bank’s price target would suggest a potential upside of 22.45% from the company’s current price.

Mobico Group Price Performance

Shares of MCG opened at GBX 28.58 on Wednesday. The stock has a market capitalization of £174.45 million, a price-to-earnings ratio of -0.55 and a beta of 1.31. Mobico Group has a 1 year low of GBX 17.06 and a 1 year high of GBX 38.12. The business’s 50 day simple moving average is GBX 23.62 and its 200-day simple moving average is GBX 23.07.

Mobico Group Company Profile

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.