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Royal Bank of Canada Raises Mullen Group (OTCMKTS:MLLGF) Price Target to C$17.00

Mullen Group logoMullen Group (OTCMKTS:MLLGF - Get Rating) had its price target boosted by equities research analysts at Royal Bank of Canada from C£15.00 to C£17.00 in a research note issued to investors on Friday, The Fly reports. MLLGF has been the subject of several other reports. TD Securities boosted their target price on Mullen Group from C£14.00 to C£17.00 in a report on Friday.

Scotiabank upped their price target on Mullen Group from C£15.50 to C£16.00 in a report on Friday, April 22nd. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of £16.83.

Mullen Group Stock Performance

MLLGF opened at £10.79 on Friday.

The business has a 50 day moving average price of £9.29 and a 200 day moving average price of £9.62. Mullen Group has a twelve month low of £8.39 and a twelve month high of £11.56.

Mullen Group Company Profile

(Get Rating)

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The company operates in four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics.

The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products.

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