Mullen Group Stock Price Target Raised to C$30.00 by Royal Bank Of Canada

Mullen Group (TSE:MTL) has received an upgraded price target from Royal Bank Of Canada, which now stands at C$30.00.

This is a C$7.00 increase over the previous target of C$23.00 and represents a potential upside of 5.49% from the stock's current price.

The upgrade was announced in a research note to investors on Friday, with several other analysts also revising their targets for the company.

Canadian Imperial Bank of Commerce has increased its target to C$22.00 and given Mullen Group a 'neutral' rating, while National Bank Financial has raised its price target to C$23.00 and assigned an 'outperform' rating.