Mullen Group Ltd. (TSX:MTL)
Canada · Delayed Price · Currency is CAD 22.17
+0.34 (1.56%)
May 28, 2026, 1:04 PM EST
Mullen Group Stock Forecast
Stock Price Forecast
According to 10 analysts polled by S&P Global, Mullen Group stock has a consensus rating of "Buy" and an average price target of $21.50. The average 1-year stock price forecast is 3.02% lower than the current stock price, while the lowest is $18.00 (-18.81%) and the highest is $24.00 (+8.25%).
Price Target: $21.50 (-3.02%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 24, 2026.
Analyst Ratings
The average analyst rating for Mullen Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold Maintains $18.00 → $20.00 | Hold | Maintains | $18.00 → $20.00 | -9.79% | Apr 24, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $21.00 → $24.00 | Buy | Maintains | $21.00 → $24.00 | +8.25% | Apr 24, 2026 |
| BMO Capital | BMO Capital | Buy Reiterates $20.00 → $23.00 | Buy | Reiterates | $20.00 → $23.00 | +3.74% | Apr 24, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $19.00 → $21.00 | Buy | Reiterates | $19.00 → $21.00 | -5.28% | Apr 24, 2026 |
| Raymond James | Raymond James | Hold Maintains $17.00 → $18.00 | Hold | Maintains | $17.00 → $18.00 | -18.81% | Apr 24, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.