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Mullen Group Ltd. (MLLGF)
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Mullen Group Ltd. (MLLGF) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

MLLGF Analyst Ratings

Strong Buy
6Ratings
5 Buy
1 Hold
0 Sell
Based on 6 analysts giving stock ratings to
Mullen
Group Ltd.
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MLLGF Stock 12 Month Forecast

Average Price Target

$13.17
▲(21.72% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for Mullen Group Ltd. in the last 3 months. The average price target is $13.17 with a high forecast of $14.05 and a low forecast of $11.94. The average price target represents a 21.72% change from the last price of $10.82.
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Highest Price Target$14.05Average Price Target$13.17Lowest Price Target$11.94
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TD Cowen
$15.45$14.75
Buy
36.33%
Upside
Reiterated
09/11/24
Mullen Group price target lowered to C$21 from C$22 at TD SecuritiesMullen Group price target lowered to C$21 from C$22 at TD Securities
Acumen Capital Analyst forecast on MLLGF
Unknown Analyst
Not Ranked
Acumen Capital
$13.7$13.35
Buy
23.34%
Upside
Reiterated
02/16/24

Best Analysts Covering Mullen Group Ltd.

Which Analyst Should I Follow If I Want to Buy MLLGF and Sell After:
1 Month
xxx
Success Rate
12/15 ratings generated profit
80%
Average Return
+5.54%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 80.00% of your transactions generating a profit, with an average return of +5.54% per trade.
3 Months
xxx
Success Rate
11/15 ratings generated profit
73%
Average Return
+15.01%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 73.33% of your transactions generating a profit, with an average return of +15.01% per trade.
1 Year
John Gibson CFABMO Capital
Success Rate
13/15 ratings generated profit
87%
Average Return
+45.40%
reiterated a buy rating 2 months ago
Copying John Gibson CFA's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +45.40% per trade.
2 Years
xxx
Success Rate
15/15 ratings generated profit
100%
Average Return
+56.51%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +56.51% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

MLLGF Analyst Recommendation Trends

Rating
May 24
Jul 24
Sep 24
Oct 24
Dec 24
Strong Buy
0
0
1
1
1
Buy
13
12
7
10
7
Hold
3
3
1
3
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
16
15
9
14
11
In the current month, MLLGF has received 8 Buy Ratings, 3 Hold Ratings, and 0 Sell Ratings. MLLGF average Analyst price target in the past 3 months is $13.17.
Each month's total comprises the sum of three months' worth of ratings.
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Find stocks in the Industrial Goods sector that are highly recommended by Top Performing Analysts.

MLLGF Financial Forecast

MLLGF Earnings Forecast

Next quarter’s earnings estimate for MLLGF is $0.21 with a range of $0.19 to $0.23. The previous quarter’s EPS was $0.29. MLLGF beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.18% of the time in the same period. In the last calendar year MLLGF has Underperformed its overall industry.
Next quarter’s earnings estimate for MLLGF is $0.21 with a range of $0.19 to $0.23. The previous quarter’s EPS was $0.29. MLLGF beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.18% of the time in the same period. In the last calendar year MLLGF has Underperformed its overall industry.

MLLGF Sales Forecast

Next quarter’s sales forecast for MLLGF is $365.42M with a range of $359.70M to $372.29M. The previous quarter’s sales results were $375.24M. MLLGF beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 57.11% of the time in the same period. In the last calendar year MLLGF has Underperformed its overall industry.
Next quarter’s sales forecast for MLLGF is $365.42M with a range of $359.70M to $372.29M. The previous quarter’s sales results were $375.24M. MLLGF beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 57.11% of the time in the same period. In the last calendar year MLLGF has Underperformed its overall industry.

MLLGF Stock Forecast FAQ

What is MLLGF’s average 12-month price target, according to analysts?
Based on analyst ratings, Mullen Group Ltd.’s 12-month average price target is $13.17.
    What is MLLGF’s upside potential, based on the analysts’ average price target?
    Mullen Group Ltd. has 21.72% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is MLLGF a Buy, Sell or Hold?
          Mullen Group Ltd. has a consensus rating of Strong Buy which is based on 5 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Mullen Group Ltd.’s price target?
            The average price target for Mullen Group Ltd. is $13.17. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $14.05 ,the lowest forecast is $11.94. The average price target represents 21.72% Increase from the current price of $10.82.
              What do analysts say about Mullen Group Ltd.?
              Mullen Group Ltd.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 6 Wall Streets Analysts.
                How can I buy shares of MLLGF?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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