Mobico Group (LON:MCG) Price Target Lowered to GBX 25 at Royal Bank Of Canada

Mobico Group (LON:MCG) had its price target reduced by Royal Bank Of Canada from GBX 30 to GBX 25 in a research note issued to investors on Wednesday, MarketBeat.com reports. They currently have a sector perform rating on the stock.

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 35 target price on shares of Mobico Group in a research note on Monday, January 19th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of GBX 30.

Mobico Group Stock Up 0.5%

Shares of MCG opened at GBX 18.63 on Wednesday. The stock has a market capitalization of £113.71 million, a P/E ratio of -0.11 and a beta of 0.86. Mobico Group has a twelve month low of GBX 18.46 and a twelve month high of GBX 64.40. The firm has a fifty day simple moving average of GBX 23.31 and a two-hundred day simple moving average of GBX 24.66.

Mobico Group (LON:MCG) last announced its quarterly earnings results on Thursday, February 26th. The company reported GBX (19.20) earnings per share (EPS) for the quarter. Mobico Group had a positive return on equity of 160.47% and a negative net margin of 10.75%. Sell-side analysts expect that Mobico Group will post 14.0227704 EPS for the current fiscal year.

Mobico Group Company Profile

Mobico Group is a leading international transport operator, diversified internationally and by business area; with operations in North America, continental Europe, the UK and North Africa.

We provide safe, efficient, clean and reliable shared mobility solutions to cities, businesses, education, healthcare and customers.

We are internationally diversified with a balanced portfolio of high quality contracts and market-leading customer brands.

We help millions of people around the world every day, getting them safely and reliably to work, school, to family and friends.

We are leveraging our network economies to shape the future of multi-modal transport.