Mobility Global (NYSE:MBGL) Given New $25.00 Price Target at Wells Fargo & Company

Mobility Global (NYSE:MBGL) had its target price dropped by research analysts at Wells Fargo & Company from $27.00 to $25.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target points to a potential upside of 17.64% from the company’s current price.

MBGL has been the subject of a number of other research reports. Wall Street Zen upgraded Mobility Global to a “hold” rating in a research report on Saturday, July 18th. Zacks Research raised shares of Mobility Global to a “hold” rating in a research note on Thursday, July 30th. UBS Group set a $23.00 price target on Mobility Global in a research report on Thursday, July 2nd. Robert W. Baird initiated coverage on Mobility Global in a research report on Thursday, July 2nd. They set a “neutral” rating and a $23.00 target price on the stock. Finally, Wolfe Research raised shares of Mobility Global to a “strong-buy” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $23.50.

Mobility Global Stock Performance

NYSE:MBGL opened at $21.25 on Tuesday. Mobility Global has a 12-month low of $17.67 and a 12-month high of $26.00.