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TSE:MTL
Mullen Group Ltd (MTL.TO)
Financials 
Technical Analysis 
Jun 17, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Mullen Group Ltd (MTL-T) has garnered attention from experts who view it as a positive investment opportunity due to its strong operational management and cyclical nature. They note that it would be prudent for investors to maintain a core position in the stock while also actively trading around it based on economic indicators. This suggests that the company's performance is closely tied to economic cycles, and that savvy investors can capitalize on these fluctuations. Overall, the outlook for Mullen Group appears to be favorable, with experts recognizing its solid management team and operational strengths. The general sentiment suggests a balanced approach of holding while strategically trading to maximize returns, indicating confidence in the company’s long-term prospects.
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Premium contentOur PAST TOP PICK with MTL has triggered its stop at $13. To remain disciplined, we recommend covering the position at this time. When combined with our previous recommendations, this will result in a net investment loss of 2%.
Premium contentWe again reiterate MTL as a TOP PICK. Compared to others in this sector, it is undervalued and has proven its resilience under challenging market conditions. We like that cash reserves are stable, while debt is retired and shares bought back. It trades at 10x earnings, 1.3x book and supports a 17% ROE. It pays a nice dividend that is backed by a payout ratio under 50% of cash flow. We continue to recommend a stop at $13, looking to achieve $18 -- upside potential of 18%. Yield 4.8%
(Analysts’ price target is $17.89)Premium contentAs management expects a stronger finish to last year than expected, based on consumer resiliency along with their ability to control costs and make good acquisitions, we reiterate MTL. We like that cash reserves are stable, while debt is retired and shares bought back. It trades at 11x earnings, 1.3x book and supports a 17% ROE. It pays a good dividend, backed by a payout ratio of under 50% of cash flow. We recommend trailing up the stop (from $11) to $13, looking to achieve $17 -- upside potential of 19%. Yield 5.0%
(Analysts’ price target is $16.69)Has gone sideways as it consolidates. Been challenged in western Canada because oil prices are down, but will rise in 2024. MTL still has great funda mentals.
Andrew PylePremium contentOkotoks based transportation logistics specialist, MTL, trades at 10x earnings, 1.2x book and supports a 17% ROE. Cash reserves are stable, while debt is retired and shares are bought back. The comany continues to make good acquisitions during this challenging time for the sector. It pays a good dividend, backed by a payout ratio under 50% of cash flow. We recommend placing a stop-loss at $11, looking to achieve $17 -- upside of 28%. Yield 5.2%
(Analysts’ price target is $17.61)
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Mullen Group Ltd (MTL.TO) Frequently Asked Questions
What is Mullen Group Ltd stock symbol?
Mullen Group Ltd is a Canadian stock, trading under the symbol MTL.TO (previously MTL-T on Stockchase) on the Toronto Stock Exchange (MTL-CT). It is usually referred to as TSX:MTL or MTL.TO
Is Mullen Group Ltd a buy or a sell?
In the last year, no analyst issued a Buy, Sell, or Hold rating on MTL.TO (previously MTL-T on Stockchase) on Stockchase. Read the latest expert commentary for Mullen Group Ltd.
Is Mullen Group Ltd a good investment or a top pick?
Mullen Group Ltd was recommended as a Top Pick by Michael Sprung on 2022-09-21. Read the latest stock experts ratings for Mullen Group Ltd.
Why is Mullen Group Ltd stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Mullen Group Ltd.
Is Mullen Group Ltd worth watching?
Mullen Group Ltd is followed by 143 investors on Stockchase and is a trending stock that is worth watching.
What is Mullen Group Ltd stock price?
On 2026-06-17, Mullen Group Ltd (MTL.TO) stock closed at a price of $21.93.
Owner-operated. Stock's done extremely well over last year. He'd prefer other names for less cyclicality but still growth; for example, the rails. CJT is a name he owns. He'd be inclined to trim at this point.