TSE:MTL - Mullen Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$15.70
  • Forecasted Upside: 21.80 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
C$12.89
▼ -0.49 (-3.66%)

This chart shows the closing price for MTL by one month, three months, or twelve months.

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Analyst Price Target for MTL

Analyst Price Target is C$15.70
▲ +21.80% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Mullen Group in the last 3 months. The average price target is C$15.70, with a high forecast of C$18.50 and a low forecast of C$14.00. The average price target represents a 21.80% upside from the last price of C$12.89.

This chart shows the closing price for MTL for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 8 contributing investment analysts is to buy stock in Mullen Group. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/30/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/26/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/24/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/24/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/23/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
7/23/2021CIBCBoost Price TargetC$14.75 ➝ C$15.50
7/23/2021Raymond JamesBoost Price TargetMarket PerformC$13.50 ➝ C$14.50
7/23/2021BMO Capital MarketsSet Price TargetC$17.00 ➝ C$18.00
7/22/2021CIBCReiterated RatingOutperformC$14.75
7/22/2021TD SecuritiesBoost Price TargetBuyC$18.00 ➝ C$18.50
7/22/2021Raymond JamesReiterated RatingMarket PerfomC$13.50
7/20/2021ScotiabankBoost Price TargetC$14.25 ➝ C$15.00
7/6/2021Raymond JamesBoost Price TargetMarket PerformC$12.75 ➝ C$13.50
7/5/2021Royal Bank of CanadaReiterated RatingOutperformC$15.00
7/2/2021TD SecuritiesBoost Price TargetBuyC$17.00 ➝ C$18.00
7/2/2021CormarkBoost Price TargetBuyC$15.50 ➝ C$16.00
7/2/2021CIBCReiterated RatingOutperformC$14.75
5/21/2021Canaccord GenuityBoost Price TargetBuyC$13.50 ➝ C$14.00
4/25/2021CIBCBoost Price TargetC$14.25 ➝ C$14.75
4/23/2021Royal Bank of CanadaBoost Price TargetOutperformC$13.00 ➝ C$15.00
4/22/2021TD SecuritiesBoost Price TargetBuyC$16.00 ➝ C$17.00
4/20/2021CormarkBoost Price TargetNAC$14.25 ➝ C$15.50
4/19/2021National Bank FinancialBoost Price TargetOutperformC$15.25
4/19/2021ScotiabankBoost Price TargetC$14.00 ➝ C$14.25
4/19/2021Raymond JamesReiterated RatingMarket PerformC$12.50
4/19/2021National BanksharesBoost Price TargetOutperformC$14.50 ➝ C$15.25
4/19/2021CIBCBoost Price TargetOutperformC$13.50 ➝ C$14.25
4/9/2021National BanksharesBoost Price TargetOutperformC$13.75 ➝ C$14.50
4/9/2021Raymond JamesReiterated RatingOutperform ➝ Market PerformC$12.50
3/15/2021BMO Capital MarketsBoost Price TargetNAC$13.00 ➝ C$15.00
3/10/2021CormarkBoost Price TargetNAC$13.00 ➝ C$14.25
3/9/2021TD SecuritiesBoost Price TargetBuyC$15.00 ➝ C$16.00
3/9/2021Raymond JamesBoost Price TargetOutperformC$12.25 ➝ C$12.50
2/24/2021Raymond JamesSet Price TargetOutperformC$12.25
2/12/2021BMO Capital MarketsReiterated RatingMarket PerformC$14.00 ➝ C$13.00
2/12/2021Raymond JamesReiterated RatingOutperformC$12.50
1/19/2021Raymond JamesBoost Price TargetOutperformC$11.25 ➝ C$12.25
1/14/2021ScotiabankBoost Price TargetC$13.00 ➝ C$14.00
1/7/2021Canaccord GenuityBoost Price TargetC$10.50 ➝ C$11.50
12/10/2020Raymond JamesReiterated RatingOutperformC$11.25
12/10/2020BMO Capital MarketsBoost Price TargetSector PerformC$12.00 ➝ C$13.00
12/10/2020ScotiabankBoost Price TargetC$12.00 ➝ C$13.00
12/4/2020CIBCReiterated RatingOutperformC$13.50
11/29/2020National Bank FinancialBoost Price TargetOutperformC$11.75 ➝ C$12.00
11/23/2020National Bank FinancialBoost Price TargetOutperformC$11.75 ➝ C$12.00
10/29/2020National Bank FinancialBoost Price TargetOutperformC$11.00 ➝ C$11.75
10/23/2020Royal Bank of CanadaBoost Price TargetOutperformC$11.00 ➝ C$12.00
10/23/2020National Bank FinancialLower Price TargetOutperformC$11.00 ➝ C$1.75
10/23/2020BMO Capital MarketsBoost Price TargetC$11.00 ➝ C$12.00
10/22/2020Raymond JamesSet Price TargetOutperformC$11.25
10/22/2020TD SecuritiesBoost Price TargetBuyC$13.00 ➝ C$14.00
10/22/2020Canaccord GenuityLower Price TargetC$11.00 ➝ C$10.50
10/22/2020National Bank FinancialBoost Price TargetOutperformC$11.00 ➝ C$11.75
10/20/2020ScotiabankBoost Price TargetC$10.50 ➝ C$12.00
10/13/2020Raymond JamesBoost Price TargetOutperformC$9.75 ➝ C$11.25
10/13/2020National Bank FinancialBoost Price TargetOutperformC$10.75 ➝ C$11.00
10/7/2020National Bank FinancialBoost Price TargetOutperformC$10.75 ➝ C$11.00
10/6/2020Canaccord GenuityBoost Price TargetC$9.50 ➝ C$10.00
10/1/2020National Bank FinancialBoost Price TargetOutperformC$10.75 ➝ C$11.00
9/3/2020Raymond JamesSet Price TargetOutperformC$9.75
8/19/2020Canaccord GenuityBoost Price TargetC$8.00 ➝ C$9.50
7/24/2020BMO Capital MarketsBoost Price TargetC$8.50 ➝ C$11.00
7/24/2020ScotiabankBoost Price TargetC$9.50 ➝ C$10.60
7/24/2020TD SecuritiesBoost Price TargetBuyC$10.00 ➝ C$11.00
7/24/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$8.00 ➝ C$10.00
7/23/2020Raymond JamesBoost Price TargetOutperformC$8.00 ➝ C$9.75
7/23/2020National Bank FinancialBoost Price TargetOutperform Market WeightC$9.50 ➝ C$10.75
7/10/2020Canaccord GenuityBoost Price TargetC$7.50 ➝ C$8.00
6/18/2020Canaccord GenuityBoost Price TargetC$6.00 ➝ C$7.50
6/15/2020National Bank FinancialBoost Price TargetOutperformC$8.00 ➝ C$9.50
6/15/2020TD SecuritiesBoost Price TargetBuyC$9.00 ➝ C$10.00
6/15/2020ScotiabankBoost Price TargetC$7.50 ➝ C$9.50
6/15/2020BMO Capital MarketsBoost Price TargetC$6.50 ➝ C$8.50
6/15/2020Raymond JamesSet Price TargetOutperformC$6.50
6/12/2020ScotiabankUpgradeSector Perform ➝ Outperform
6/9/2020ScotiabankBoost Price TargetC$5.50 ➝ C$7.50
6/9/2020Raymond JamesSet Price TargetOutperformC$6.50
4/24/2020BMO Capital MarketsBoost Price TargetC$6.00 ➝ C$6.50
4/24/2020TD SecuritiesLower Price TargetC$10.50 ➝ C$9.00
4/24/2020Royal Bank of CanadaBoost Price TargetSector PerformC$4.00 ➝ C$5.00
4/23/2020Raymond JamesLower Price TargetOutperformC$7.00 ➝ C$6.50
4/23/2020National Bank FinancialLower Price TargetOutperformC$9.00 ➝ C$8.00
4/14/2020Raymond JamesLower Price TargetOutperformC$8.00 ➝ C$7.00
4/3/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$11.00 ➝ C$4.00
3/24/2020Raymond JamesSet Price TargetOutperformC$8.75
3/23/2020BMO Capital MarketsLower Price TargetC$9.00 ➝ C$7.00
3/18/2020Raymond JamesLower Price TargetOutperformC$12.00 ➝ C$8.75
3/11/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$10.00 ➝ C$9.00
3/10/2020National Bank FinancialUpgradeSector Perform Overweight ➝ Outperform OverweightC$11.00 ➝ C$10.00
2/18/2020ScotiabankLower Price TargetC$11.00 ➝ C$10.50
2/14/2020BMO Capital MarketsBoost Price TargetC$11.00 ➝ C$12.00
2/13/2020Raymond JamesReiterated RatingOutperformC$12.00
1/14/2020Canaccord GenuityBoost Price TargetC$9.00 ➝ C$10.00
10/15/2019CIBCLower Price TargetC$15.00 ➝ C$14.50
9/10/2019BMO Capital MarketsLower Price TargetC$12.00 ➝ C$11.00
8/16/2019Canaccord GenuityLower Price TargetC$10.50 ➝ C$10.00
8/15/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformC$13.00 ➝ C$11.00
7/26/2019BMO Capital MarketsLower Price TargetC$13.00 ➝ C$12.00
7/26/2019GMP SecuritiesUpgradeReduce ➝ HoldC$8.75 ➝ C$9.50
7/26/2019TD SecuritiesBoost Price TargetBuyC$13.50 ➝ C$15.00
7/25/2019Raymond JamesReiterated RatingStrong-BuyC$12.50
7/25/2019National Bank FinancialLower Price TargetOutperformC$16.00 ➝ C$13.00
7/9/2019Canaccord GenuityLower Price TargetC$11.00 ➝ C$10.50
7/3/2019CIBCUpgradeNeutral ➝ Outperform
7/3/2019Raymond JamesSet Price TargetStrong-BuyC$12.50
6/25/2019Raymond JamesReiterated RatingStrong-BuyC$12.50
6/24/2019Raymond JamesSet Price TargetOutperformC$16.00
6/24/2019TD SecuritiesUpgradeHold ➝ BuyC$13.50
6/5/2019National Bank FinancialSet Price TargetOutperformC$16.00
5/29/2019Canaccord GenuityLower Price TargetC$13.25 ➝ C$11.00
5/8/2019Raymond JamesDowngradeStrong-Buy ➝ OutperformC$14.50 ➝ C$12.50
4/26/2019Royal Bank of CanadaLower Price TargetOutperformC$15.00 ➝ C$14.00
4/26/2019GMP SecuritiesDowngradeHold ➝ ReduceC$12.00 ➝ C$9.25
4/26/2019TD SecuritiesLower Price TargetHoldC$14.00 ➝ C$13.50
4/25/2019Raymond JamesLower Price TargetC$15.25 ➝ C$14.50
3/20/2019Canaccord GenuityBoost Price TargetC$13.50 ➝ C$13.75
2/8/2019BMO Capital MarketsLower Price TargetC$16.00 ➝ C$13.00
2/8/2019GMP SecuritiesLower Price TargetC$13.50 ➝ C$12.50
2/7/2019National Bank FinancialLower Price TargetOutperformC$16.50 ➝ C$16.00
2/7/2019TD SecuritiesBoost Price TargetHoldC$12.50 ➝ C$14.00
2/7/2019Raymond JamesReiterated RatingOutperformC$15.25
2/1/2019Raymond JamesUpgradeMarket Perform ➝ OutperformC$15.60
1/25/2019National Bank FinancialLower Price TargetOutperformC$18.50 ➝ C$16.50
1/10/2019Canaccord GenuityLower Price TargetC$14.50 ➝ C$13.50
11/22/2018Canaccord GenuityLower Price TargetC$17.00 ➝ C$14.50
10/26/2018Royal Bank of CanadaLower Price TargetOutperformC$18.00 ➝ C$17.00
10/26/2018GMP SecuritiesLower Price TargetC$17.50 ➝ C$16.50
10/26/2018Industrial Alliance SecuritiesUpgradeBuy ➝ Strong-Buy
10/26/2018TD SecuritiesLower Price TargetHoldC$16.00 ➝ C$15.00
10/17/2018Raymond JamesBoost Price TargetMarket PerformC$14.85 ➝ C$15.60
10/16/2018Canaccord GenuityLower Price TargetC$17.50 ➝ C$17.00
10/3/2018National Bank FinancialBoost Price TargetOutperformC$17.00 ➝ C$18.50
8/17/2018Canaccord GenuityBoost Price TargetC$16.25 ➝ C$17.50
7/27/2018CIBCBoost Price TargetC$17.00 ➝ C$18.00
7/27/2018BMO Capital MarketsBoost Price TargetMarket PerformC$16.00 ➝ C$18.00
7/27/2018Royal Bank of CanadaBoost Price TargetOutperformC$16.00 ➝ C$18.00
7/27/2018CormarkUpgradeMarket Perform ➝ BuyC$15.00 ➝ C$19.00
7/10/2018Canaccord GenuityBoost Price TargetC$15.75 ➝ C$16.25
7/5/2018National Bank FinancialUpgradeSector Perform ➝ OutperformC$17.00
6/12/2018Industrial Alliance SecuritiesBoost Price TargetC$18.00 ➝ C$18.25
6/12/2018Raymond JamesBoost Price TargetMarket PerformC$14.70 ➝ C$14.85
6/12/2018National Bank FinancialBoost Price TargetSector PerformC$16.50 ➝ C$17.00
4/27/2018ScotiabankLower Price TargetSector PerformC$16.50 ➝ C$16.00
4/27/2018TD SecuritiesLower Price TargetHoldC$17.00 ➝ C$16.00
4/26/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformC$16.50
4/11/2018Canaccord GenuityLower Price TargetC$16.00 ➝ C$15.75
2/9/2018BMO Capital MarketsLower Price TargetC$19.00 ➝ C$18.00
2/8/2018Raymond JamesLower Price TargetMarket PerformC$15.75 ➝ C$14.70
2/8/2018National Bank FinancialUpgradeSector Perform ➝ OutperformC$16.50
2/6/2018Canaccord GenuityLower Price TargetC$17.00 ➝ C$16.00
12/15/2017TD SecuritiesLower Price TargetHoldC$18.00 ➝ C$17.00
12/14/2017ScotiabankLower Price TargetSector PerformC$17.00 ➝ C$16.50
12/14/2017CIBCLower Price TargetC$19.00 ➝ C$18.00
12/12/2017Industrial Alliance SecuritiesLower Price TargetStrong-BuyC$20.00 ➝ C$19.00
12/11/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformC$18.25 ➝ C$16.50
10/31/2017TD SecuritiesReiterated RatingHoldC$18.00
10/27/2017Canaccord GenuityLower Price TargetC$19.00 ➝ C$18.00
10/26/2017National Bank FinancialLower Price TargetOutperformC$18.75 ➝ C$18.25
10/12/2017ScotiabankDowngradeOutperform ➝ Sector PerformC$18.00 ➝ C$17.50
7/27/2017Raymond JamesBoost Price TargetMarket PerformC$15.25 ➝ C$15.75
7/26/2017ScotiabankReiterated RatingOutperformC$18.00
7/25/2017National Bank FinancialUpgradeSector Perform ➝ OutperformC$18.00 ➝ C$18.75
7/20/2017CIBCLower Price TargetC$20.50 ➝ C$19.00
4/24/2017Raymond JamesDowngradeOutperform ➝ Market PerformC$18.50 ➝ C$16.25
4/21/2017ScotiabankLower Price TargetOutperformC$19.25 ➝ C$18.00
4/21/2017BMO Capital MarketsLower Price TargetC$21.00 ➝ C$19.00
4/21/2017Royal Bank of CanadaLower Price TargetOutperformC$20.00 ➝ C$17.00
4/20/2017Raymond JamesReiterated RatingOutperformC$18.50
4/19/2017National Bank FinancialDowngradeOutperfrom Under Weight ➝ Sector Perform Under Weight
4/3/2017Raymond JamesSet Price TargetOutperformC$18.50
2/10/2017Royal Bank of CanadaLower Price TargetC$21.00 ➝ C$20.00
2/10/2017ScotiabankLower Price TargetOutperformC$20.00 ➝ C$19.25
2/10/2017CIBCLower Price TargetC$23.00 ➝ C$21.50
2/9/2017Raymond JamesReiterated RatingOutperformC$18.75
2/9/2017Canaccord GenuityDowngradeBuy ➝ HoldC$20.00
2/9/2017TD SecuritiesLower Price TargetBuyC$24.00 ➝ C$23.00
1/25/2017CIBCBoost Price TargetC$20.00 ➝ C$23.00
1/20/2017National Bank FinancialBoost Price TargetC$21.50 ➝ C$22.00
1/10/2017Canaccord GenuityBoost Price TargetC$22.00 ➝ C$23.00
1/10/2017BMO Capital MarketsBoost Price TargetC$20.00 ➝ C$22.00
12/15/2016National Bank FinancialBoost Price TargetOutperformC$18.50 ➝ C$21.50
12/13/2016TD SecuritiesBoost Price TargetBuyC$21.00 ➝ C$24.00
12/6/2016Canaccord GenuityUpgradeHold ➝ BuyC$20.50 ➝ C$22.00
10/26/2016Canaccord GenuityInitiated CoverageHoldC$20.50
10/21/2016GMP SecuritiesUpgradeHold ➝ Buy
10/21/2016BMO Capital MarketsReiterated RatingMarket PerformC$20.00
10/20/2016TD SecuritiesBoost Price TargetBuyC$20.00 ➝ C$21.00
10/20/2016Raymond JamesUpgradeMarket Perform ➝ Outperform
10/20/2016ScotiabankReiterated RatingOutperformC$17.25
10/19/2016CIBCBoost Price TargetC$18.50 ➝ C$19.50
10/7/2016Royal Bank of CanadaBoost Price TargetC$19.00 ➝ C$21.00
10/7/2016Raymond JamesDowngradeOutperform ➝ Market PerformC$16.25 ➝ C$16.50
9/13/2016TD SecuritiesBoost Price TargetBuyC$18.00 ➝ C$19.00
8/15/2016AltaCorp CapitalReiterated RatingSector Perform
(Data available from 7/23/2016 forward)
Mullen Group 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 services, 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 production services, such as well servicing, production fluid transportation, transportation of fluids for disposal, frac support, and industrial cleaning and turnaround services; and specialized services comprising dredging and dewatering services, large diameter pipe stockpiling and stringing services, water management, environmental services, civil construction, municipal development and emergency services, hydrovac excavation services, hydrostatic testing services to the pipeline industry and midstream sector, and transporting of oversize and overweight shipments. This segment also offers drilling and drilling related services, consisting of transportation, handling, and storage of oilfield fluids, tubulars, and drilling mud; drilling rig relocation; general oilfield hauling; well disposal facility; core drilling; setting surface casing; and conductor pipe setting services. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada.
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Today's Range

Now: C$12.89
Low: C$12.75
High: C$13.44

50 Day Range

MA: C$12.91
Low: C$12.11
High: C$13.47

52 Week Range

Now: C$12.89
Low: C$8.84
High: C$13.95

Volume

653,447 shs

Average Volume

291,257 shs

Market Capitalization

C$1.24 billion

P/E Ratio

17.59

Dividend Yield

3.59%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Mullen Group?

The following sell-side analysts have issued reports on Mullen Group in the last twelve months: BMO Capital Markets, Canaccord Genuity, CIBC, Cormark, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for MTL.

What is the current price target for Mullen Group?

10 Wall Street analysts have set twelve-month price targets for Mullen Group in the last year. Their average twelve-month price target is C$15.23, suggesting a possible upside of 13.8%. TD Securities has the highest price target set, predicting MTL will reach C$18.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of C$13.50 for Mullen Group in the next year.
View the latest price targets for MTL.

What is the current consensus analyst rating for Mullen Group?

Mullen Group currently has 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MTL will outperform the market and that investors should add to their positions of Mullen Group.
View the latest ratings for MTL.

What other companies compete with Mullen Group?

How do I contact Mullen Group's investor relations team?

Mullen Group's physical mailing address is 121A-31 Southridge Dr, OKOTOKS, AB T1S 2N3, Canada. The company's listed phone number is +1-403-9955200. The official website for Mullen Group is www.mullen-group.com.