Berenberg Bank Reaffirms Hold Rating for Mobico Group (LON:MCG)

Berenberg Bank reissued their hold rating on shares of Mobico Group (LON:MCGFree Report) in a research report sent to investors on Tuesday, MarketBeat.com reports. They currently have a GBX 35 price objective on the stock.

Mobico Group Trading Down 1.1%

Shares of MCG stock opened at GBX 27.90 on Tuesday. Mobico Group has a twelve month low of GBX 24.30 and a twelve month high of GBX 91.15. The stock has a fifty day simple moving average of GBX 32.55 and a two-hundred day simple moving average of GBX 36.93. The stock has a market capitalization of £170.29 million, a price-to-earnings ratio of -20.70 and a beta of 1.60.

Mobico Group (LON:MCGGet Free Report) last released its quarterly earnings data on Tuesday, September 9th. The company reported GBX 3.80 earnings per share for the quarter. Mobico Group had a negative net margin of 4.36% and a negative return on equity of 13.71%. Research analysts predict that Mobico Group will post 14.0227704 EPS for the current fiscal year.

About Mobico Group

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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.

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