Mobility Global, Inc. (NYSE:MBGL) Given Average Rating of “Moderate Buy” by Analysts

Mobility Global, Inc. (NYSE:MBGL) has earned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $23.50.

MBGL has been the topic of several analyst reports. Robert W. Baird began coverage on shares of Mobility Global in a research report on Thursday, July 2nd. They set a “neutral” rating and a $23.00 price target on the stock. Wall Street Zen raised shares of Mobility Global to a “hold” rating in a research note on Saturday, July 18th. Wolfe Research upgraded Mobility Global to a “strong-buy” rating in a research report on Monday, July 20th. Wells Fargo & Company cut their price target on Mobility Global from $27.00 to $25.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Zacks Research raised Mobility Global to a “hold” rating in a report on Thursday, July 30th.

Mobility Global Stock Down 5.0%

Shares of MBGL stock opened at $19.70 on Friday. Mobility Global has a 1 year low of $17.67 and a 1 year high of $26.00.

Mobility Global (NYSE:MBGL) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.18 earnings per share for the quarter. On average, equities research analysts anticipate that Mobility Global will post 1.45 EPS for the current year.

Mobility Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be given a $0.06 dividend. The ex-dividend date is Thursday, August 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.2%.

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.