Mobility Global (NYSE:MBGL) Upgraded by Wolfe Research to “Strong-Buy” Rating

Mobility Global (NYSE:MBGL) was upgraded by analysts at Wolfe Research to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other equities research analysts have also commented on the company. Robert W. Baird initiated coverage on Mobility Global in a research report on Thursday, July 2nd. They set a “neutral” rating and a $23.00 price objective for the company. Wall Street Zen upgraded shares of Mobility Global to a “hold” rating in a report on Saturday. Royal Bank Of Canada initiated coverage on shares of Mobility Global in a research note on Thursday, July 2nd. They issued a “sector perform” rating and a $23.00 price objective on the stock. Wells Fargo & Company assumed coverage on shares of Mobility Global in a research report on Wednesday, July 8th. They issued an “overweight” rating and a $27.00 target price for the company. Finally, UBS Group set a $23.00 target price on shares of Mobility Global in a research note on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Mobility Global Price Performance

Shares of MBGL stock opened at $19.75 on Monday. Mobility Global has a 1-year low of $17.67 and a 1-year high of $26.00.