TSE:MTL
Mullen Group Ltd (MTL.TO)
Financials 
Technical Analysis 
Jul 10, 2026, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
Mullen Group Ltd (MTL-T) has garnered mixed reviews from experts regarding its investment potential. One expert highlights the company's strong performance over the past year, recognizing it as owner-operated, yet expresses a preference for less cyclical stocks that offer growth, suggesting alternatives such as the rails. This expert indicates a possibility of trimming their holdings at this juncture. On the other hand, another expert recommends maintaining a core position while trading around it, emphasizing the cyclical nature of Mullen Group and praising its operational capabilities. Collectively, the reviews suggest a cautious optimism regarding Mullen Group's prospects, with an emphasis on monitoring economic indicators for strategic trading decisions. Investors are advised to consider both Mullen Group's current performance and broader market dynamics when making investment choices.
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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, 1 stock analyst issued a Buy, Sell, or Hold rating on MTL.TO (previously MTL-T on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is BUY on WEAKNESS. Read the latest stock experts' ratings 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 2026-07-10, Mullen Group Ltd (MTL.TO) stock closed at a price of $22.82.
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.