Research Analysts’ Weekly Ratings Changes for Mullen Group (MTL)

A number of research firms have changed their ratings and price targets for Mullen Group (TSE: MTL):

• 4/24/2026 – Mullen Group had its price target raised by Royal Bank Of Canada from C$19.00 to C$21.00. They now have an “outperform” rating on the stock.
• 4/24/2026 – Mullen Group had its price target raised by Raymond James Financial, Inc. from C$17.00 to C$18.00. They now have a “market perform” rating on the stock.
• 4/24/2026 – Mullen Group had its price target raised by Canadian Imperial Bank of Commerce from C$18.00 to C$20.00. They now have a “neutral” rating on the stock.
• 4/24/2026 – Mullen Group had its price target raised by Acumen Capital from C$20.50 to C$22.00. They now have a “buy” rating on the stock.
• 4/24/2026 – Mullen Group had its price target raised by Scotiabank from C$19.00 to C$21.00. They now have a “sector perform” rating on the stock.
• 4/24/2026 – Mullen Group had its price target raised by Desjardins from C$20.00 to C$23.00. They now have a “buy” rating on the stock.
• 4/24/2026 – Mullen Group had its price target raised by National Bank Financial from C$19.00 to C$23.00. They now have an “outperform” rating on the stock.
• 4/13/2026 – Mullen Group had its price target raised by Royal Bank Of Canada from C$17.00 to C$19.00. They now have an “outperform” rating on the stock.
• 4/9/2026 – Mullen Group had its price target raised by Scotiabank from C$18.50 to C$19.00. They now have a “sector perform” rating on the stock.

Mullen Group Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 15th will be given a $0.07 dividend. The ex-dividend date is Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 4.0%. Mullen Group’s payout ratio is currently 82.35%.

Mullen Group is a public company with a long history of acquiring companies in the transportation and logistics industries. Today, we have one of the largest portfolios of logistics companies in North America, providing a wide range of transportation, warehousing and distribution services through a network of independently operated businesses. Service offerings include less-than-truckload, customs brokerage, truckload, warehousing, logistics, transload, oversized, third-party logistics and specialized hauling transportation.