Robert W. Baird Has Lowered Expectations for Mobility Global (NYSE:MBGL) Stock Price

Mobility Global (NYSE:MBGL) had its price target lowered by analysts at Robert W. Baird from $23.00 to $22.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Robert W. Baird’s price target points to a potential upside of 11.70% from the stock’s previous close.

Several other brokerages also recently issued reports on MBGL. Royal Bank Of Canada initiated coverage on Mobility Global in a research report on Thursday, July 2nd. They set a “sector perform” rating and a $23.00 price objective for the company. Wolfe Research raised Mobility Global to a “strong-buy” rating in a research note on Monday, July 20th. Wall Street Zen upgraded shares of Mobility Global to a “hold” rating in a report on Saturday, July 18th. Wells Fargo & Company reduced their price target on shares of Mobility Global from $27.00 to $25.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 4th. Finally, Zacks Research raised shares of Mobility Global to a “hold” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $23.25.

Mobility Global Stock Down 0.0%

Shares of NYSE MBGL opened at $19.70 on Monday. Mobility Global has a 52 week low of $17.67 and a 52 week high of $26.00.

Mobility Global (NYSE:MBGL) last announced its earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $468.00 million for the quarter. On average, analysts predict that Mobility Global will post 1.45 earnings per share for the current fiscal year.

Mobility Global Company Profile

Mobility Global Inc providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions and Market Scan, supporting automotive manufacturers, suppliers, dealer groups, media, financial institutions and consumers. Mobility Global Inc is based in NEW YORK.