Mobico Group PLC Announces Successful AGM Resolutions

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

Mobico Group PLC, a company that held its Annual General Meeting on June 9, 2025, announced that all resolutions were passed with the necessary majority. The resolutions included re-appointments of directors, approval of the annual report on remuneration, and authorization of share allotment and purchase. Despite the overall support, the company noted that the backing for some director appointments was lower than usual, prompting the board to engage with shareholders to address their concerns. This engagement aligns with the UK Corporate Governance Code, and an update will be provided within six months.

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

Average Trading Volume: 3,681,440

Technical Sentiment Signal: Sell

Current Market Cap: £180M

See more data about MCG stock on TipRanks’ Stock Analysis page.