Mobility Global (NYSE:MBGL) Raised to “Strong-Buy” at Wolfe Research

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

Several other equities analysts also recently commented on MBGL. UBS Group set a $23.00 target price on Mobility Global in a research report on Thursday, July 2nd. Wall Street Zen raised Mobility Global to a “hold” rating in a report on Saturday. Royal Bank Of Canada initiated coverage on shares of Mobility Global in a report on Thursday, July 2nd. They issued a “sector perform” rating and a $23.00 target price on the stock. Wells Fargo & Company began coverage on shares of Mobility Global in a research report on Wednesday, July 8th. They set an “overweight” rating and a $27.00 target price for the company. Finally, Robert W. Baird assumed coverage on shares of Mobility Global in a report on Thursday, July 2nd. They set a “neutral” rating and a $23.00 price target for the company. 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 stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $24.00.

Mobility Global Price Performance

Shares of MBGL opened at $19.75 on Monday. Mobility Global has a 12 month low of $17.67 and a 12 month high of $26.00.