S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Gold explodes past $2,000, here's what's next (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Gold explodes past $2,000, here's what's next (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Gold explodes past $2,000, here's what's next (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Gold explodes past $2,000, here's what's next (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Gold explodes past $2,000, here's what's next (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Gold explodes past $2,000, here's what's next (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Gold explodes past $2,000, here's what's next (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Gold explodes past $2,000, here's what's next (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture

Mullen Group (MTL) Stock Forecast & Price Target

C$15.06
-0.04 (-0.26%)
(As of 02/23/2024 ET)

Mullen Group Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 9 Analyst Ratings

Analysts' Consensus Price Target

C$18.61
23.58% Upside
High ForecastC$22.00
Average ForecastC$18.61
Low ForecastC$16.00
TypeCurrent Forecast
2/24/23 to 2/24/24
1 Month Ago
1/25/23 to 1/25/24
3 Months Ago
11/26/22 to 11/26/23
1 Year Ago
2/24/22 to 2/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
2 Strong Buy rating(s)
Buy
7 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$18.61C$17.97C$17.63C$16.40
Predicted Upside23.58% Upside20.10% Upside15.76% Upside18.43% Upside
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MTL Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MTL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Mullen Group Stock vs. The Competition

TypeMullen GroupIndustrials Companies
Consensus Rating Score
2.78
2.55
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingPositive News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/16/2024TD Securities
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 Boost TargetBuyC$21.00 ➝ C$22.00+46.96%
2/16/2024National Bankshares
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 Boost TargetOutperformC$19.00 ➝ C$19.50+30.26%
2/16/2024Raymond James
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 Boost TargetMarket PerformC$16.00 ➝ C$17.00+13.56%
2/16/2024Acumen Capital
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 Lower TargetBuyC$19.50 ➝ C$19.00+26.92%
2/16/2024Scotiabank
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 Boost TargetOutperformC$19.50 ➝ C$20.00+33.60%
2/16/2024CIBC
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 UpgradeNeutral ➝ OutperformC$16.50 ➝ C$17.00+13.56%
2/16/2024Cormark
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 Boost TargetC$19.50 ➝ C$20.00+33.60%
2/2/2024BMO Capital Markets
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 Boost TargetC$15.00 ➝ C$16.00+5.68%
1/22/2024Royal Bank of Canada
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 UpgradeSector Perform ➝ OutperformC$15.00 ➝ C$17.00+13.33%
3/13/2023National Bank Financial
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C. Doerksen
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Reiterated RatingOutperfrom Under Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:00 PM ET.












MTL Price Target - Frequently Asked Questions

What is Mullen Group's consensus rating and price target?

According to the issued ratings of 9 analysts in the last year, the consensus rating for Mullen Group stock is Moderate Buy based on the current 2 hold ratings and 7 buy ratings for MTL. The average twelve-month price prediction for Mullen Group is C$18.61 with a high price target of C$22.00 and a low price target of C$16.00. Learn more on MTL's analyst rating history.

Do Wall Street analysts like Mullen Group more than its competitors?

Analysts like Mullen Group more than other Industrials companies. The consensus rating score for Mullen Group is 2.78 while the average consensus rating score for industrials companies is 2.56. Learn more on how MTL compares to other companies.

Is Mullen Group being upgraded by Wall Street analysts?

Over the previous 90 days, Mullen Group's stock had 2 upgrades by analysts.

Does Mullen Group's stock price have much upside?

According to analysts, Mullen Group's stock has a predicted upside of 23.23% based on their 12-month stock forecasts.

What analysts cover Mullen Group?

Stock Ratings Reports and Tools

This page (TSE:MTL) was last updated on 2/24/2024 by MarketBeat.com Staff