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Mobico Group ( (GB:MCG) ) has shared an announcement.
Mobico Group PLC reported a 5.4% increase in year-to-date group revenue, driven by growth in its ALSA division and strategic expansions, despite challenges in the UK market and a decline in WeDriveU revenues. The company is implementing a large-scale cost reduction program and exploring asset monetization in the UK Bus business to strengthen its financial position. Mobico is on track to meet its adjusted operating profit guidance for 2025, albeit at the lower end of expectations due to competitive pressures and reduced passenger numbers in certain segments.
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
Mobico Group PLC 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: 4,319,958
Technical Sentiment Signal: Sell
Current Market Cap: £129M
Find detailed analytics on MCG stock on TipRanks’ Stock Analysis page.