Mullen Group Ltd. (MLLGF) – What Are Investment Firms Saying About This Stock?

Shares of Mullen Group Ltd. (OTCMKTS:MLLGF) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Several equities research analysts have recently weighed in on the company. Scotiabank reiterated a “sector perform” rating on shares of Mullen Group in a research report on Thursday, July 16th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Mullen Group in a research note on Friday, July 24th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Mullen Group in a research note on Monday, October 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Mullen Group in a report on Wednesday, September 30th.

Mullen Group Stock Performance

MLLGF opened at $19.28 on Thursday. Mullen Group has a 1 year low of $9.47 and a 1 year high of $20.35. The business has a fifty day simple moving average of $18.71 and a 200 day simple moving average of $16.54.

Mullen Group Company Profile

Mullen Group Ltd. is a Canadian logistics and transportation company headquartered in Okotoks, Alberta. Through a network of operating companies, it provides freight transportation, specialized hauling, logistics, warehousing and related supply-chain services to customers across Canada and the United States.

The company’s transportation activities include less-than-truckload, truckload and specialized freight services, including the movement of industrial, energy, construction and other oversized or specialized cargo.