TSE:MTL - Mullen Group Ltd. (MTL.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$10.50
  • Forecasted Upside: 7.36 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
C$9.78
▼ -0.02 (-0.20%)
1 month | 3 months | 12 months
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Analyst Price Target for MTL

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$10.50
▲ +7.36% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Mullen Group Ltd. (MTL.TO) in the last 3 months. The average price target is C$10.50, with a high forecast of C$14.00 and a low forecast of C$1.75. The average price target represents a 7.36% upside from the last price of C$9.78.
Buy
The current consensus among 5 contributing investment analysts is to buy stock in Mullen Group Ltd. (MTL.TO).

Past Monthly Recommendations

Move your mouse over past months for details

  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/3/2019
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/1/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/30/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/28/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/27/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/24/2020

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
10/23/2020Royal Bank of CanadaBoost Price TargetOutperformC$11.00 ➝ C$12.00
i
10/23/2020National Bank FinancialLower Price TargetOutperformC$11.00 ➝ C$1.75
i
Rating by M. Robertson at National Bank Financial
10/23/2020BMO Capital MarketsBoost Price TargetC$11.00 ➝ C$12.00
i
10/22/2020Raymond JamesSet Price TargetOutperformC$11.25
i
10/22/2020TD SecuritiesBoost Price TargetBuyC$13.00 ➝ C$14.00
i
10/22/2020Canaccord GenuityLower Price TargetC$11.00 ➝ C$10.50
i
10/22/2020National Bank FinancialBoost Price TargetC$11.00 ➝ C$11.75
i
Rating by M. Robertson at National Bank Financial
10/20/2020ScotiabankBoost Price TargetC$10.50 ➝ C$12.00
i
10/13/2020Raymond JamesBoost Price TargetOutperformC$9.75 ➝ C$11.25
i
10/13/2020National Bank FinancialBoost Price TargetOutperformC$10.75 ➝ C$11.00
i
Rating by M. Robertson at National Bank Financial
10/7/2020National Bank FinancialBoost Price TargetOutperformC$10.75 ➝ C$11.00
i
Rating by M. Robertson at National Bank Financial
10/6/2020Canaccord GenuityBoost Price TargetC$9.50 ➝ C$10.00
i
10/1/2020National Bank FinancialBoost Price TargetOutperformC$10.75 ➝ C$11.00
i
Rating by M. Robertson at National Bank Financial
9/3/2020Raymond JamesSet Price TargetOutperformC$9.75
i
8/19/2020Canaccord GenuityBoost Price TargetC$8.00 ➝ C$9.50
i
7/24/2020BMO Capital MarketsBoost Price TargetC$8.50 ➝ C$11.00
i
7/24/2020ScotiabankBoost Price TargetC$9.50 ➝ C$10.60
i
7/24/2020TD SecuritiesBoost Price TargetBuyC$10.00 ➝ C$11.00
i
7/24/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$8.00 ➝ C$10.00
i
7/23/2020Raymond JamesBoost Price TargetOutperformC$8.00 ➝ C$9.75
i
7/23/2020National Bank FinancialBoost Price TargetOutperform Market WeightC$9.50 ➝ C$10.75
i
Rating by G. Colman at National Bank Financial
7/10/2020Canaccord GenuityBoost Price TargetC$7.50 ➝ C$8.00
i
6/18/2020Canaccord GenuityBoost Price TargetC$6.00 ➝ C$7.50
i
6/15/2020National Bank FinancialBoost Price TargetOutperformC$8.00 ➝ C$9.50
i
Rating by G. Colman at National Bank Financial
6/15/2020TD SecuritiesBoost Price TargetBuyC$9.00 ➝ C$10.00
i
6/15/2020ScotiabankBoost Price TargetC$7.50 ➝ C$9.50
i
6/15/2020BMO Capital MarketsBoost Price TargetC$6.50 ➝ C$8.50
i
6/15/2020Raymond JamesSet Price TargetOutperformC$6.50
i
6/12/2020ScotiabankUpgradeSector Perform ➝ Outperform
i
6/9/2020ScotiabankBoost Price TargetC$5.50 ➝ C$7.50
i
6/9/2020Raymond JamesSet Price TargetOutperformC$6.50
i
4/24/2020BMO Capital MarketsBoost Price TargetC$6.00 ➝ C$6.50
i
4/24/2020TD SecuritiesLower Price TargetC$10.50 ➝ C$9.00
i
4/24/2020Royal Bank of CanadaBoost Price TargetSector PerformC$4.00 ➝ C$5.00
i
4/23/2020Raymond JamesLower Price TargetOutperformC$7.00 ➝ C$6.50
i
4/23/2020National Bank FinancialLower Price TargetOutperformC$9.00 ➝ C$8.00
i
Rating by G. Colman at National Bank Financial
4/14/2020Raymond JamesLower Price TargetOutperformC$8.00 ➝ C$7.00
i
4/3/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$11.00 ➝ C$4.00
i
3/24/2020Raymond JamesSet Price TargetOutperformC$8.75
i
3/23/2020BMO Capital MarketsLower Price TargetC$9.00 ➝ C$7.00
i
3/18/2020Raymond JamesLower Price TargetOutperformC$12.00 ➝ C$8.75
i
3/11/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$10.00 ➝ C$9.00
i
3/10/2020National Bank FinancialUpgradeSector Perform Overweight ➝ Outperform OverweightC$11.00 ➝ C$10.00
i
Rating by G. Colman at National Bank Financial
2/18/2020ScotiabankLower Price TargetC$11.00 ➝ C$10.50
i
2/14/2020BMO Capital MarketsBoost Price TargetC$11.00 ➝ C$12.00
i
2/13/2020Raymond JamesReiterated RatingOutperformC$12.00
i
1/14/2020Canaccord GenuityBoost Price TargetC$9.00 ➝ C$10.00
i
10/15/2019CIBCLower Price TargetC$15.00 ➝ C$14.50
i
9/10/2019BMO Capital MarketsLower Price TargetC$12.00 ➝ C$11.00
i
8/16/2019Canaccord GenuityLower Price TargetC$10.50 ➝ C$10.00
i
8/15/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformC$13.00 ➝ C$11.00
i
Rating by G. Colman at National Bank Financial
7/26/2019BMO Capital MarketsLower Price TargetC$13.00 ➝ C$12.00
i
7/26/2019GMP SecuritiesUpgradeReduce ➝ HoldC$8.75 ➝ C$9.50
i
7/26/2019TD SecuritiesBoost Price TargetBuyC$13.50 ➝ C$15.00
i
7/25/2019Raymond JamesReiterated RatingStrong-BuyC$12.50
i
7/25/2019National Bank FinancialLower Price TargetOutperformC$16.00 ➝ C$13.00
i
7/9/2019Canaccord GenuityLower Price TargetC$11.00 ➝ C$10.50
i
7/3/2019CIBCUpgradeNeutral ➝ Outperform
i
7/3/2019Raymond JamesSet Price TargetStrong-BuyC$12.50
i
6/25/2019Raymond JamesReiterated RatingStrong-BuyC$12.50
i
6/24/2019Raymond JamesSet Price TargetOutperformC$16.00
i
6/24/2019TD SecuritiesUpgradeHold ➝ BuyC$13.50
i
6/5/2019National Bank FinancialSet Price TargetOutperformC$16.00
i
5/29/2019Canaccord GenuityLower Price TargetC$13.25 ➝ C$11.00
i
5/8/2019Raymond JamesDowngradeStrong-Buy ➝ OutperformC$14.50 ➝ C$12.50
i
4/26/2019Royal Bank of CanadaLower Price TargetOutperformC$15.00 ➝ C$14.00
i
4/26/2019GMP SecuritiesDowngradeHold ➝ ReduceC$12.00 ➝ C$9.25
i
4/26/2019TD SecuritiesLower Price TargetHoldC$14.00 ➝ C$13.50
i
4/25/2019Raymond JamesLower Price TargetC$15.25 ➝ C$14.50
i
3/20/2019Canaccord GenuityBoost Price TargetC$13.50 ➝ C$13.75
i
2/8/2019BMO Capital MarketsLower Price TargetC$16.00 ➝ C$13.00
i
2/8/2019GMP SecuritiesLower Price TargetC$13.50 ➝ C$12.50
i
2/7/2019National Bank FinancialLower Price TargetOutperformC$16.50 ➝ C$16.00
i
2/7/2019TD SecuritiesBoost Price TargetHoldC$12.50 ➝ C$14.00
i
2/7/2019Raymond JamesReiterated RatingOutperformC$15.25
i
2/1/2019Raymond JamesUpgradeMarket Perform ➝ OutperformC$15.60
i
1/25/2019National Bank FinancialLower Price TargetOutperformC$18.50 ➝ C$16.50
i
1/10/2019Canaccord GenuityLower Price TargetC$14.50 ➝ C$13.50
i
11/22/2018Canaccord GenuityLower Price TargetC$17.00 ➝ C$14.50
i
10/26/2018Royal Bank of CanadaLower Price TargetOutperformC$18.00 ➝ C$17.00
i
10/26/2018GMP SecuritiesLower Price TargetC$17.50 ➝ C$16.50
i
10/26/2018Industrial Alliance SecuritiesUpgradeBuy ➝ Strong-Buy
i
10/26/2018TD SecuritiesLower Price TargetHoldC$16.00 ➝ C$15.00
i
10/17/2018Raymond JamesBoost Price TargetMarket PerformC$14.85 ➝ C$15.60
i
10/16/2018Canaccord GenuityLower Price TargetC$17.50 ➝ C$17.00
i
10/3/2018National Bank FinancialBoost Price TargetOutperformC$17.00 ➝ C$18.50
i
Rating by G. Colman at National Bank Financial
8/17/2018Canaccord GenuityBoost Price TargetC$16.25 ➝ C$17.50
i
7/27/2018CIBCBoost Price TargetC$17.00 ➝ C$18.00
i
7/27/2018BMO Capital MarketsBoost Price TargetMarket PerformC$16.00 ➝ C$18.00
i
7/27/2018Royal Bank of CanadaBoost Price TargetOutperformC$16.00 ➝ C$18.00
i
7/27/2018CormarkUpgradeMarket Perform ➝ BuyC$15.00 ➝ C$19.00
i
7/10/2018Canaccord GenuityBoost Price TargetC$15.75 ➝ C$16.25
i
7/5/2018National Bank FinancialUpgradeSector Perform ➝ OutperformC$17.00
i
Rating by G. Colman at National Bank Financial
6/12/2018Industrial Alliance SecuritiesBoost Price TargetC$18.00 ➝ C$18.25
i
6/12/2018Raymond JamesBoost Price TargetMarket PerformC$14.70 ➝ C$14.85
i
6/12/2018National Bank FinancialBoost Price TargetSector PerformC$16.50 ➝ C$17.00
i
Rating by G. Colman at National Bank Financial
4/27/2018ScotiabankLower Price TargetSector PerformC$16.50 ➝ C$16.00
i
4/27/2018TD SecuritiesLower Price TargetHoldC$17.00 ➝ C$16.00
i
4/26/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformC$16.50
i
Rating by G. Colman at National Bank Financial
4/11/2018Canaccord GenuityLower Price TargetC$16.00 ➝ C$15.75
i
2/9/2018BMO Capital MarketsLower Price TargetC$19.00 ➝ C$18.00
i
2/8/2018Raymond JamesLower Price TargetMarket PerformC$15.75 ➝ C$14.70
i
2/8/2018National Bank FinancialUpgradeSector Perform ➝ OutperformC$16.50
i
Rating by G. Colman at National Bank Financial
2/6/2018Canaccord GenuityLower Price TargetC$17.00 ➝ C$16.00
i
12/15/2017TD SecuritiesLower Price TargetHoldC$18.00 ➝ C$17.00
i
12/14/2017ScotiabankLower Price TargetSector PerformC$17.00 ➝ C$16.50
i
12/14/2017CIBCLower Price TargetC$19.00 ➝ C$18.00
i
12/12/2017Industrial Alliance SecuritiesLower Price TargetStrong-BuyC$20.00 ➝ C$19.00
i
12/11/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformC$18.25 ➝ C$16.50
i
Rating by G. Colman at National Bank Financial
10/31/2017TD SecuritiesReiterated RatingHoldC$18.00
i
10/27/2017Canaccord GenuityLower Price TargetC$19.00 ➝ C$18.00
i
10/26/2017National Bank FinancialLower Price TargetOutperformC$18.75 ➝ C$18.25
i
Rating by G. Colman at National Bank Financial
10/12/2017ScotiabankDowngradeOutperform ➝ Sector PerformC$18.00 ➝ C$17.50
i
7/27/2017Raymond JamesBoost Price TargetMarket PerformC$15.25 ➝ C$15.75
i
7/26/2017ScotiabankReiterated RatingOutperformC$18.00
i
7/25/2017National Bank FinancialUpgradeSector Perform ➝ OutperformC$18.00 ➝ C$18.75
i
Rating by G. Colman at National Bank Financial
7/20/2017CIBCLower Price TargetC$20.50 ➝ C$19.00
i
4/24/2017Raymond JamesDowngradeOutperform ➝ Market PerformC$18.50 ➝ C$16.25
i
4/21/2017ScotiabankLower Price TargetOutperformC$19.25 ➝ C$18.00
i
4/21/2017BMO Capital MarketsLower Price TargetC$21.00 ➝ C$19.00
i
4/21/2017Royal Bank of CanadaLower Price TargetOutperformC$20.00 ➝ C$17.00
i
4/20/2017Raymond JamesReiterated RatingOutperformC$18.50
i
4/19/2017National Bank FinancialDowngradeOutperfrom Under Weight ➝ Sector Perform Under Weight
i
Rating by G. Colman at National Bank Financial
4/3/2017Raymond JamesSet Price TargetOutperformC$18.50
i
2/10/2017Royal Bank of CanadaLower Price TargetC$21.00 ➝ C$20.00
i
2/10/2017ScotiabankLower Price TargetOutperformC$20.00 ➝ C$19.25
i
2/10/2017CIBCLower Price TargetC$23.00 ➝ C$21.50
i
2/9/2017Raymond JamesReiterated RatingOutperformC$18.75
i
2/9/2017Canaccord GenuityDowngradeBuy ➝ HoldC$20.00
i
2/9/2017TD SecuritiesLower Price TargetBuyC$24.00 ➝ C$23.00
i
1/25/2017CIBCBoost Price TargetC$20.00 ➝ C$23.00
i
1/20/2017National Bank FinancialBoost Price TargetC$21.50 ➝ C$22.00
i
1/10/2017Canaccord GenuityBoost Price TargetC$22.00 ➝ C$23.00
i
1/10/2017BMO Capital MarketsBoost Price TargetC$20.00 ➝ C$22.00
i
12/15/2016National Bank FinancialBoost Price TargetOutperformC$18.50 ➝ C$21.50
i
12/13/2016TD SecuritiesBoost Price TargetBuyC$21.00 ➝ C$24.00
i
12/6/2016Canaccord GenuityUpgradeHold ➝ BuyC$20.50 ➝ C$22.00
i
10/26/2016Canaccord GenuityInitiated CoverageHoldC$20.50
i
10/21/2016GMP SecuritiesUpgradeHold ➝ Buy
i
10/21/2016BMO Capital MarketsReiterated RatingMarket PerformC$20.00
i
10/20/2016TD SecuritiesBoost Price TargetBuyC$20.00 ➝ C$21.00
i
10/20/2016Raymond JamesUpgradeMarket Perform ➝ Outperform
i
10/20/2016ScotiabankReiterated RatingOutperformC$17.25
i
10/19/2016CIBCBoost Price TargetC$18.50 ➝ C$19.50
i
10/7/2016Royal Bank of CanadaBoost Price TargetC$19.00 ➝ C$21.00
i
10/7/2016Raymond JamesDowngradeOutperform ➝ Market PerformC$16.25 ➝ C$16.50
i
9/13/2016TD SecuritiesBoost Price TargetBuyC$18.00 ➝ C$19.00
i
8/15/2016AltaCorp CapitalReiterated RatingSector Perform
i
Rating by A. Macneil at AltaCorp Capital
7/22/2016CIBCBoost Price TargetC$17.00 ➝ C$18.50
i
7/22/2016Royal Bank of CanadaReiterated RatingOutperformC$19.00
i
7/21/2016TD SecuritiesReiterated RatingBuyC$18.00
i
7/21/2016ScotiabankReiterated RatingOutperformC$16.00
i
7/21/2016Raymond JamesBoost Price TargetC$16.00 ➝ C$16.25
i
5/20/2016ScotiabankBoost Price TargetOutperformC$15.50 ➝ C$16.00
i
5/18/2016Royal Bank of CanadaBoost Price TargetOutperformC$14.00 ➝ C$19.00
i
5/18/2016CIBCBoost Price TargetSector PerformC$15.00 ➝ C$16.50
i
5/17/2016National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
i
Rating by G. Colman at National Bank Financial
4/22/2016ScotiabankLower Price TargetOutperformC$17.00 ➝ C$15.50
i
4/22/2016Royal Bank of CanadaReiterated RatingSector PerformC$14.00
i
2/12/2016FirstEnergyLower Price TargetC$15.00
i
2/11/2016ScotiabankReiterated RatingOutperformC$19.00
i
2/11/2016TD SecuritiesLower Price TargetBuyC$19.00 ➝ C$17.00
i
2/2/2016Raymond JamesLower Price TargetC$18.00 ➝ C$16.75
i
1/14/2016CIBCUpgradeSector Underperformer ➝ Sector Performer
i
12/18/2015CIBCLower Price TargetC$17.00 ➝ C$15.00
i
12/18/2015Royal Bank of CanadaLower Price TargetSector PerformC$19.00 ➝ C$14.00
i
12/17/2015ScotiabankLower Price TargetOutperformC$21.00 ➝ C$19.00
i
12/17/2015TD SecuritiesLower Price TargetBuyC$21.00 ➝ C$19.00
i
12/10/2015National Bank FinancialLower Price TargetSector PerformC$20.00 ➝ C$15.50
i
11/26/2015Royal Bank of CanadaReiterated RatingSector PerformC$19.00
i
11/24/2015CIBCLower Price TargetC$18.00 ➝ C$17.00
i
11/20/2015Raymond JamesUpgradeMarket Perform ➝ OutperformC$18.75 ➝ C$18.00
i
11/18/2015TD SecuritiesBoost Price TargetHold ➝ BuyC$20.00 ➝ C$21.00
i
(Data available from 10/24/2015 forward)
Mullen Group Ltd. (MTL.TO) logo
Mullen Group Ltd. provides trucking and logistics services in Canada and the United States. The company operates through three segments: Less-Than-Truckload, Logistics & Warehousing, and Specialized & Industrial Services. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers multimode transportation and logistics solutions, such as full truckload, specialized trucking, intermodal, and transload to customers through a network of terminals and transload facilities; and warehousing and distribution services. The Specialized & Industrial Services segment provides water management, environmental, pipeline and civil construction, industrial cleaning and turnaround, fluid management, municipal development, and emergency support services; drilling and drilling related services; and specialized services related to the energy, mining, forestry, and construction industries. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada.
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Today's Range

Now: C$9.78
C$9.73
C$9.95

50 Day Range

MA: C$9.41
C$8.99
C$9.87

52 Week Range

Now: C$9.78
C$3.85
C$10.33

Volume

374,445 shs

Average Volume

425,797 shs

Market Capitalization

C$947.79 million

P/E Ratio

18.01

Dividend Yield

3.67%

Beta

N/A