tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mobico Group Advances Sale of North America School Bus Business

Story Highlights
Mobico Group Advances Sale of North America School Bus Business

Elevate Your Investing Strategy:

Mobico Group ( (GB:MCG) ) has shared an announcement.

Mobico Group has announced progress in the sale of its North America School Bus business to I Squared Capital for up to $608 million, with final approval from the US Surface Transportation Board expected in early July 2025. The sale is anticipated to close in July 2025, providing Mobico with significant proceeds to manage debt maturities and maintain strong liquidity. The company also projects its FY 2025 Adjusted Operating Profit, excluding the School Bus contribution, to be between £180 – £195 million.

The most recent analyst rating on (GB:MCG) stock is a Hold with a £35.00 price target. To see the full list of analyst forecasts on Mobico Group stock, see the GB:MCG Stock Forecast page.

Spark’s Take on GB:MCG Stock

According to Spark, TipRanks’ AI Analyst, GB:MCG is a Neutral.

Mobico Group’s overall stock score reflects significant challenges in financial performance, characterized by persistent losses and high leverage. Although technical indicators show bearish momentum, strategic divestments and contract wins offer potential recovery avenues. Valuation concerns and operational headwinds remain significant, impacting the overall attractiveness of the stock.

To see Spark’s full report on GB:MCG stock, click here.

More about Mobico Group

Mobico Group is a leading international shared mobility provider offering bus, coach, and rail services across the UK, North America, continental Europe, North Africa, and the Middle East.

Average Trading Volume: 4,749,635

Technical Sentiment Signal: Sell

Current Market Cap: £156.5M

Find detailed analytics on MCG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1