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An announcement from Mobico Group ( (GB:MCG) ) is now available.
Mobico Group PLC, a company in the transportation industry, has announced the appointment of KPMG LLP as its new auditor. The company will also change its accounting reference date and financial year end from 31 December to 31 March. This change is intended to provide sufficient time for the preparation of financial statements and the completion of audits. As a result, Mobico’s next financial reporting events will include the publication of unaudited interim results for the 12 months ending 31 December 2025 by 31 March 2026, and audited annual accounts for the 15 months ending 31 March 2026 by 31 July 2026.
The most recent analyst rating on (GB:MCG) stock is a Hold with a £21.00 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 stock score is primarily impacted by its challenging financial performance, with consistent net losses and high leverage. Technical indicators suggest bearish momentum, further weighing on the score. Valuation metrics are unattractive due to negative earnings and lack of dividends. While the earnings call highlighted some positive revenue growth, significant operational and financial challenges persist.
To see Spark’s full report on GB:MCG stock, click here.
More about Mobico Group
Average Trading Volume: 4,319,958
Technical Sentiment Signal: Sell
Current Market Cap: £129M
See more insights into MCG stock on TipRanks’ Stock Analysis page.