PriceTargets.com logo

Mullen Group - MTL Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$17.06
  • Forecasted Upside: 27.00%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
C$13.43 As of 05/7/2025 05:00 PM ET
▲ +0.11 (0.83%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
MarAprMayC$13.43Closing price on 05/07/25:
Get New Mullen Group Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for MTL and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for MTL

Analyst Price Target is C$17.06
▲ +27.00% 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$17.06, with a high forecast of C$20.00 and a low forecast of C$14.00. The average price target represents a 27.00% upside from the last price of C$13.43.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart
5/248/241/255/255/26C$8.47C$11C$14C$17C$20Closing price on 05/07/25: C$13.43HighC$20.00AverageC$17.06LowC$14.00




Current Consensus is Buy

The current consensus among 8 polled investment analysts is to buy stock in Mullen Group. This rating changed within the last month from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/14/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
2/12/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/12/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/10/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/8/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/6/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/7/2025
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/7/2025

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/24/2025Acumen CapitalLower TargetBuyC$18.75 ➝ C$18.25
4/24/2025Raymond JamesUpgradeMarket Perform ➝ OutperformC$17.00 ➝ C$16.75
4/24/2025ScotiabankLower TargetOutperformC$17.00 ➝ C$16.50
4/24/2025National BanksharesLower TargetOutperformC$19.00 ➝ C$18.00
4/24/2025CormarkLower TargetC$18.50 ➝ C$17.00
4/22/2025Royal Bank of CanadaLower TargetOutperformC$16.00 ➝ C$14.00
4/15/2025TD SecuritiesLower TargetBuyC$21.00 ➝ C$18.00
4/10/2025CIBCLower TargetC$18.00 ➝ C$15.00
2/14/2025Raymond JamesLower TargetC$18.50 ➝ C$17.50
1/30/2025ScotiabankLower TargetC$20.00 ➝ C$19.00
1/20/2025ScotiabankLower TargetC$20.00 ➝ C$19.00
12/10/2024CormarkLower TargetC$20.75 ➝ C$19.75
12/10/2024Raymond JamesLower TargetC$18.75 ➝ C$18.50
12/9/2024National BanksharesBoost TargetC$18.00 ➝ C$19.00
10/25/2024BMO Capital MarketsBoost TargetC$17.00 ➝ C$20.00
10/25/2024CIBCBoost TargetC$16.50 ➝ C$17.50
10/25/2024Raymond JamesBoost TargetC$17.25 ➝ C$18.75
10/15/2024Raymond JamesBoost TargetC$17.00 ➝ C$17.25
9/11/2024TD SecuritiesLower TargetBuyC$22.00 ➝ C$21.00
7/29/2024TD SecuritiesBoost TargetBuyC$21.00 ➝ C$22.00
7/26/2024CIBCBoost TargetC$15.50 ➝ C$16.50
7/26/2024BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$14.50 ➝ C$17.00
7/26/2024Raymond JamesBoost TargetC$16.50 ➝ C$17.00
7/26/2024Royal Bank of CanadaBoost TargetC$16.00 ➝ C$17.00
7/26/2024CormarkBoost TargetC$18.75 ➝ C$19.50
7/3/2024CIBCLower TargetOutperformC$16.00 ➝ C$15.50
4/26/2024Royal Bank of CanadaLower TargetOutperformC$17.00 ➝ C$16.00
4/26/2024Raymond JamesLower TargetMarket PerformC$17.00 ➝ C$16.50
4/26/2024CIBCLower TargetOutperformC$17.00 ➝ C$16.00
4/26/2024ScotiabankLower TargetOutperformC$20.00 ➝ C$19.00
4/26/2024National BanksharesLower TargetOutperformC$19.50 ➝ C$18.00
4/26/2024BMO Capital MarketsLower TargetC$16.00 ➝ C$14.50
2/16/2024TD SecuritiesBoost TargetBuyC$21.00 ➝ C$22.00
2/16/2024National BanksharesBoost TargetOutperformC$19.00 ➝ C$19.50
2/16/2024Raymond JamesBoost TargetMarket PerformC$16.00 ➝ C$17.00
2/16/2024Acumen CapitalLower TargetBuyC$19.50 ➝ C$19.00
2/16/2024ScotiabankBoost TargetOutperformC$19.50 ➝ C$20.00
2/16/2024CIBCUpgradeNeutral ➝ OutperformC$16.50 ➝ C$17.00
2/16/2024CormarkBoost TargetC$19.50 ➝ C$20.00
2/2/2024BMO Capital MarketsBoost TargetC$15.00 ➝ C$16.00
1/22/2024ScotiabankBoost TargetOutperformC$19.00 ➝ C$19.50
1/22/2024Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$15.00 ➝ C$17.00
1/22/2024CormarkSet TargetC$19.50
1/19/2024CIBCBoost TargetC$16.00 ➝ C$16.50
1/18/2024Acumen CapitalBoost TargetBuyC$19.00 ➝ C$19.50
1/16/2024TD SecuritiesSet TargetMarket PerformC$16.75
12/13/2023TD SecuritiesBoost TargetBuyC$18.50 ➝ C$21.00
10/20/2023CormarkBoost TargetC$19.25 ➝ C$20.00
10/10/2023TD SecuritiesUpgradeHold ➝ BuyC$18.50
10/6/2023CIBCLower TargetNeutralC$16.50 ➝ C$15.50
7/21/2023CIBCBoost TargetNeutralC$16.00 ➝ C$16.50
7/21/2023BMO Capital MarketsBoost TargetMarket PerformC$15.50 ➝ C$16.00
7/21/2023ScotiabankBoost TargetSector PerformC$18.50 ➝ C$19.00
7/21/2023CormarkBoost TargetBuyC$17.75 ➝ C$19.25
7/21/2023Royal Bank of CanadaBoost TargetSector PerformC$14.00 ➝ C$15.00
7/21/2023TD SecuritiesBoost TargetHoldC$17.00 ➝ C$18.50
7/21/2023Raymond JamesBoost TargetStrong-BuyC$17.00 ➝ C$18.00
6/15/2023CIBCBoost TargetC$15.50 ➝ C$16.00
4/28/2023TD SecuritiesBoost TargetHoldC$16.00 ➝ C$17.00
4/28/2023National BanksharesBoost TargetOutperformC$18.50 ➝ C$19.00
4/28/2023BMO Capital MarketsBoost TargetC$15.00 ➝ C$15.50
4/28/2023ScotiabankBoost TargetC$17.50 ➝ C$18.00
4/28/2023CIBCBoost TargetC$14.00 ➝ C$15.50
3/14/2023National BanksharesSet TargetOutperformC$18.50
3/13/2023National Bank FinancialReiterated RatingOutperfrom Under Weight
2/10/2023Royal Bank of CanadaBoost TargetSector PerformC$13.00 ➝ C$14.00
1/27/2023TD SecuritiesLower TargetC$17.00 ➝ C$16.50
1/23/2023ScotiabankUpgradeSector Perform ➝ OutperformC$16.00 ➝ C$17.50
1/18/2023CIBCLower TargetNeutralC$15.50 ➝ C$14.00
1/17/2023Raymond JamesLower TargetStrong-BuyC$18.00 ➝ C$17.00
1/17/2023BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$17.00 ➝ C$15.00
1/17/2023CormarkLower TargetC$19.00 ➝ C$17.00
12/21/2022TD SecuritiesDowngradeBuy ➝ HoldC$17.00
10/21/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$17.00 ➝ C$13.00
10/21/2022BMO Capital MarketsLower TargetC$18.00 ➝ C$17.00
10/7/2022CIBCLower TargetNeutralC$15.50 ➝ C$15.00
7/22/2022Credit Suisse GroupUpgradeStrong-BuyC$18.00
7/22/2022Haywood SecuritiesBoost TargetBuyC$17.00
7/22/2022CIBCBoost TargetC$14.00 ➝ C$15.50
7/22/2022Royal Bank of CanadaBoost TargetOutperformC$15.00 ➝ C$17.00
7/22/2022TD SecuritiesBoost TargetBuyC$14.00 ➝ C$17.00
7/22/2022Raymond JamesUpgradeOutperform ➝ Strong-BuyC$14.50 ➝ C$18.00
7/22/2022BMO Capital MarketsBoost TargetC$16.00 ➝ C$18.00
7/22/2022CormarkBoost TargetC$16.00 ➝ C$19.00
7/22/2022National BanksharesBoost TargetOutperformC$16.50 ➝ C$18.00
7/18/2022National Bank FinancialReiterated RatingOutperform Market Weight
5/4/2022Raymond JamesSet TargetOutperformC$14.50
4/22/2022Royal Bank of CanadaBoost TargetOutperformC$14.00 ➝ C$15.00
4/22/2022CIBCBoost TargetNeutralC$13.50 ➝ C$14.00
4/22/2022CormarkBoost TargetBuyC$17.00 ➝ C$18.00
4/22/2022ScotiabankBoost TargetC$15.50 ➝ C$16.00
4/22/2022TD SecuritiesInitiated CoverageBuyC$17.00 ➝ C$16.50
4/21/2022Raymond JamesSet TargetOutperformC$14.50
2/10/2022Raymond JamesReiterated RatingOutperformC$14.50
12/9/2021TD SecuritiesLower TargetBuyC$19.00 ➝ C$17.00
12/9/2021CormarkLower TargetC$17.50 ➝ C$17.00
12/9/2021CIBCDowngradeOutperform ➝ HoldC$15.50 ➝ C$13.50
12/6/2021Raymond JamesUpgradeMarket Perform ➝ BuyC$14.50
10/29/2021ScotiabankLower TargetC$17.50 ➝ C$16.50
10/29/2021Royal Bank of CanadaLower TargetOutperformC$15.00 ➝ C$14.00
10/18/2021ScotiabankBoost TargetC$16.00 ➝ C$17.50
10/12/2021National Bank FinancialBoost TargetOutperformC$16.50
10/12/2021National BanksharesBoost TargetOutperformC$15.50 ➝ C$16.50
7/27/2021ScotiabankBoost TargetC$15.00 ➝ C$16.00
7/23/2021CIBCBoost TargetC$14.75 ➝ C$15.50
7/23/2021Raymond JamesBoost TargetMarket PerformC$13.50 ➝ C$14.50
7/23/2021BMO Capital MarketsSet TargetC$17.00 ➝ C$18.00
7/22/2021CIBCReiterated RatingOutperformC$14.75
7/22/2021TD SecuritiesBoost TargetBuyC$18.00 ➝ C$18.50
7/22/2021Raymond JamesReiterated RatingMarket PerfomC$13.50
7/20/2021ScotiabankBoost TargetC$14.25 ➝ C$15.00
7/6/2021Raymond JamesBoost TargetMarket PerformC$12.75 ➝ C$13.50
7/5/2021Royal Bank of CanadaReiterated RatingOutperformC$15.00
7/2/2021TD SecuritiesBoost TargetBuyC$17.00 ➝ C$18.00
7/2/2021CormarkBoost TargetBuyC$15.50 ➝ C$16.00
7/2/2021CIBCReiterated RatingOutperformC$14.75
4/25/2021CIBCBoost TargetC$14.25 ➝ C$14.75
4/23/2021Royal Bank of CanadaBoost TargetOutperformC$13.00 ➝ C$15.00
4/22/2021TD SecuritiesBoost TargetBuyC$16.00 ➝ C$17.00
4/20/2021CormarkBoost TargetNAC$14.25 ➝ C$15.50
4/19/2021National Bank FinancialBoost TargetOutperformC$15.25
4/19/2021ScotiabankBoost TargetC$14.00 ➝ C$14.25
4/19/2021Raymond JamesReiterated RatingMarket PerformC$12.50
4/19/2021National BanksharesBoost TargetOutperformC$14.50 ➝ C$15.25
4/19/2021CIBCBoost TargetOutperformC$13.50 ➝ C$14.25
4/9/2021National BanksharesBoost TargetOutperformC$13.75 ➝ C$14.50
4/9/2021Raymond JamesReiterated RatingOutperform ➝ Market PerformC$12.50
3/15/2021BMO Capital MarketsBoost TargetNAC$13.00 ➝ C$15.00
3/10/2021CormarkBoost TargetNAC$13.00 ➝ C$14.25
3/9/2021TD SecuritiesBoost TargetBuyC$15.00 ➝ C$16.00
3/9/2021Raymond JamesBoost TargetOutperformC$12.25 ➝ C$12.50
2/24/2021Raymond JamesSet 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 TargetOutperformC$11.25 ➝ C$12.25
1/14/2021ScotiabankBoost TargetC$13.00 ➝ C$14.00
12/10/2020Raymond JamesReiterated RatingOutperformC$11.25
12/10/2020BMO Capital MarketsBoost TargetSector PerformC$12.00 ➝ C$13.00
12/10/2020ScotiabankBoost TargetC$12.00 ➝ C$13.00
12/4/2020CIBCReiterated RatingOutperformC$13.50
11/29/2020National Bank FinancialBoost TargetOutperformC$11.75 ➝ C$12.00
11/23/2020National Bank FinancialBoost TargetOutperformC$11.75 ➝ C$12.00
10/29/2020National Bank FinancialBoost TargetOutperformC$11.00 ➝ C$11.75
10/23/2020Royal Bank of CanadaBoost TargetOutperformC$11.00 ➝ C$12.00
10/23/2020National Bank FinancialLower TargetOutperformC$11.00 ➝ C$1.75
10/23/2020BMO Capital MarketsBoost TargetC$11.00 ➝ C$12.00
10/22/2020Raymond JamesSet TargetOutperformC$11.25
10/22/2020TD SecuritiesBoost TargetBuyC$13.00 ➝ C$14.00
10/22/2020National Bank FinancialBoost TargetOutperformC$11.00 ➝ C$11.75
10/20/2020ScotiabankBoost TargetC$10.50 ➝ C$12.00
10/13/2020Raymond JamesBoost TargetOutperformC$9.75 ➝ C$11.25
10/13/2020National Bank FinancialBoost TargetOutperformC$10.75 ➝ C$11.00
10/7/2020National Bank FinancialBoost TargetOutperformC$10.75 ➝ C$11.00
10/1/2020National Bank FinancialBoost TargetOutperformC$10.75 ➝ C$11.00
9/3/2020Raymond JamesSet TargetOutperformC$9.75
7/24/2020BMO Capital MarketsBoost TargetC$8.50 ➝ C$11.00
7/24/2020ScotiabankBoost TargetC$9.50 ➝ C$10.60
7/24/2020TD SecuritiesBoost TargetBuyC$10.00 ➝ C$11.00
7/24/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$8.00 ➝ C$10.00
7/23/2020Raymond JamesBoost TargetOutperformC$8.00 ➝ C$9.75
7/23/2020National Bank FinancialBoost TargetOutperform Market WeightC$9.50 ➝ C$10.75
6/15/2020National Bank FinancialBoost TargetOutperformC$8.00 ➝ C$9.50
6/15/2020TD SecuritiesBoost TargetBuyC$9.00 ➝ C$10.00
6/15/2020ScotiabankBoost TargetC$7.50 ➝ C$9.50
6/15/2020BMO Capital MarketsBoost TargetC$6.50 ➝ C$8.50
6/15/2020Raymond JamesSet TargetOutperformC$6.50
6/12/2020ScotiabankUpgradeSector Perform ➝ Outperform
6/9/2020ScotiabankBoost TargetC$5.50 ➝ C$7.50
6/9/2020Raymond JamesSet TargetOutperformC$6.50
(Data available from 5/8/2020 forward)

News Sentiment Rating

0.56 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/10/2024
  • 3 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/9/2024
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/9/2024
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/8/2025
  • 3 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/7/2025
  • 5 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/9/2025
  • 3 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/8/2025
  • 8 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2025

Current Sentiment

  • 8 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Mullen Group logo
Mullen Group is one of North America's largest logistics providers with a network of independently operated businesses provide a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics & specialized hauling transportation. Mullen also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
Read More

Today's Range

Now: C$13.43
Low: C$13.30
High: C$13.44

50 Day Range

MA: C$12.78
Low: C$12.10
High: C$13.43

52 Week Range

Now: C$13.43
Low: C$11.81
High: C$16.06

Volume

152,916 shs

Average Volume

264,766 shs

Market Capitalization

C$1.20 billion

P/E Ratio

9.74

Dividend Yield

5.77%

Beta

1.82

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: Acumen Capital, BMO Capital Markets, CIBC, Cormark, 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?

0 Wall Street analysts have set twelve-month price targets for Mullen Group in the last year. Their average twelve-month price target is C$17.06, suggesting a possible upside of 27.0%. BMO Capital Markets has the highest price target set, predicting MTL will reach C$20.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$14.00 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 8 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?

Other companies that are similar to Mullen Group include TFI International, ATS Automation Tooling Systems, ATS, Secure Energy Services and MDA Space. Learn More about companies similar to 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. Learn More about contacing Mullen Group investor relations.





Receive Mullen Group News & Ratings Daily
Sign up to receive the latest news and ratings for Mullen Group and its competitors with PriceTargets.com’s free daily newsletter.