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Mullen Group Ltd. (MTL:CA): RBC Capital Raises Target to C$32.00

Mullen Group Ltd Stock Analysis and Q1 2025 Earnings Forecast

Mullen Group Ltd. (MTL:CA) — RBC Capital raised its price target to C$32.00 from C$30.00. The target change represents a 6.7% increase. Mullen Group provides transportation, logistics, warehousing and specialized services through its operating businesses. Looking ahead, investors will be watching freight volumes, pricing and operating margins. Industrial activity, fuel and labour costs, acquisition integration and cash generation will be important in assessing the higher target.

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