Royal Bank Of Canada Has Lowered Expectations for Mobico Group (LON:MCG) Stock Price

robot
Abstract generation in progress

Royal Bank of Canada has reduced its target price for Mobico Group (LON:MCG) from GBX 30 to GBX 25, while maintaining a “sector perform” rating, indicating a potential upside of approximately 28%. Other analysts are also cautious, with Berenberg Bank reaffirming a “hold” rating and a GBX 35 target, and the overall consensus being a “Hold” with an average target of GBX 30. Mobico shares are currently trading near their 12-month low at around GBX 19.50, reflecting continued weak profitability with a reported negative quarterly EPS of GBX -19.20 and a negative net margin.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin