Over $1.4 Billion Paid in Dividends to Date

Repurchased 18.2 million Common Shares for $191.7 million since 2020

Revenue CAGR of 11.9 percent since 1993 to $2 Billion in 2022

Consistently generate free cash

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Bullboard - Investor Discussion Forum Mullen Group Ltd. T.MTL

Alternate Symbol(s): MLLGF | T.MTL.DB

Industrials Integrated Shipping & Logistics

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... see more

TSX:MTL - Post Discussion

Mullen Group Ltd. > Jacks TP and Outperformer Rating

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Post by ace1mccoy on Jul 23, 2021 8:42am

Jacks TP and Outperformer Rating

* After better-than-expected quarterly results, CIBC World Markets analyst Kevin Chiang raised his Mullen Group Ltd. (

MTL-T

+5.35%

) target to $15.50 from $14.75 with an “outperformer” recommendation, while BMO’s John Gibson increased his target to $18 from $17 with an “outperform” rating. The average is $15.41.

“MTL’s Q2/21 results were above expectations, driven by resiliency in its consumer-related businesses and a surprise from its recent Bandstra acquisition. The company also raised its M&A revenue guidance, based on a strong start to its acquired businesses,” said Mr. Gibson

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