Wells Fargo & Company Cuts Mobility Global (NYSE:MBGL) Price Target to $25.00

Mobility Global (NYSE:MBGL) had its price target lowered by Wells Fargo & Company from $27.00 to $25.00 in a report issued on Tuesday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

A number of other equities analysts also recently weighed in on the stock. Royal Bank Of Canada started coverage on shares of Mobility Global in a research note on Thursday, July 2nd. They set a “sector perform” rating and a $23.00 target price for the company. Zacks Research raised Mobility Global to a “hold” rating in a research report on Thursday, July 30th. Robert W. Baird started coverage on Mobility Global in a research note on Thursday, July 2nd. They issued a “neutral” rating and a $23.00 price target on the stock. Wolfe Research raised Mobility Global to a “strong-buy” rating in a research report on Monday, July 20th. Finally, Wall Street Zen raised Mobility Global to a “hold” rating in a research report on Saturday, July 18th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $23.50.

Mobility Global Price Performance

Shares of NYSE MBGL opened at $20.66 on Tuesday. Mobility Global has a 1 year low of $17.67 and a 1 year high of $26.00.

Mobility Global Company Profile

Mobility Global Inc providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions and Market Scan, supporting automotive manufacturers, suppliers, dealer groups, media, financial institutions and consumers. Mobility Global Inc is based in NEW YORK.