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Mullen Group (TSE:MTL) target bumped up to $21.00, reported today by RBC Capital Markets

Having a price of $16.53, Mullen Group (TSE:MTL) traded -0.24% lower on the day. With the last close up 10.24% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MTL has recorded a 50-day average of $16.13 and a two hundred day average of $14.99. Trade Volume was down over the average, with 69,713 shares of MTL changing hands under the typical 133,989

Mullen Group (TSE:MTL) had its price target upped to $21.00 by RBC Capital Markets in an issued report released Friday October 07, 2016. The new target price indicates a possible upside of 0.27% from the company's previous close.

On Tuesday September 13, 2016, TD Securities released a statement on Mullen Group (TSE:MTL) upped the target price from $18.00 to $19.00 that suggested an upside of 0.21%.

Recent Performance Chart

Mullen Group (TSE:MTL)

Mullen Group has PE ratio of 34.37 with a one year low of $13.02 and a one year high of $19.37 and has a market capitalization of $0.

A total of 11 analysts have released a report on Mullen Group. zero analysts rating the company a strong buy, six analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $13.62.

General Company Details For Mullen Group (TSE:MTL)

Mullen Group Ltd. is a supplier of trucking and logistics services in Canada. The Company provides a range of specialized transportation and related services to the oil and natural gas industry in western Canada. The Company operates in two segments: Trucking/Logistics and Oilfield Services. Its Trucking/Logistics segment offers a range of truckload freight services to customers in Canada and the United States. These services include transporting a range of goods, including general freight; specialized commodities, such as cable, pipe and steel; over-dimensional loads, such as heavy equipment, compressors and over-sized goods, and dry bulk commodities, such as cement, frac sand, woodchips and other residual wood products. Its Oilfield Services segment provides specialized transportation, dewatering and drilling services to the oil and natural gas industry. These services include transporting of oversize and overweight shipments, the transportation, handling, storage and others.

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