TSE:MTL
Mullen Group Ltd (MTL.TO)
Financials 
Technical Analysis 
May 28, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Mullen Group Ltd, symbol MTL-T, is perceived positively by experts who regard it as a solid investment opportunity in the cyclical sector. One expert notes that if they owned the stock, they would maintain a core position while strategically trading based on economic indicators. This suggests that Mullen Group demonstrates good operational performance, making it a reliable player in its industry. The cyclical nature of the business indicates potential for growth when economic conditions are favorable. Overall, the outlook appears optimistic for Mullen Group as a good long-term hold while allowing for tactical adjustments in response to market conditions.
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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, there was no coverage of Mullen Group Ltd published on Stockchase.
Is Mullen Group Ltd a good investment or a top pick?
Mullen Group Ltd was recommended as a Top Pick by Michael Sprung on 2022-08-18. 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 help on deciding if you should buy, sell or hold the stock.
Is Mullen Group Ltd worth watching?
0 stock analysts on Stockchase covered Mullen Group Ltd in the last year. It is a trending stock that is worth watching.
What is Mullen Group Ltd stock price?
On 2026-05-28, Mullen Group Ltd (MTL.TO) stock closed at a price of $22.12.
If he owned it, he'd keep a core position and trade around that on economic indicators. Cyclical. Good operators.