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Mobico Group ( (GB:MCG) ) has shared an update.
Mobico Group PLC announced the resignation of Deloitte LLP as its auditor, effective 19 September 2025, following the release of the company’s 2025 Half Year results. The company is currently in the process of appointing a new auditor and will make further announcements in due course. This change in auditors may impact the company’s financial oversight and reporting processes, which is crucial for maintaining stakeholder confidence.
The most recent analyst rating on (GB:MCG) stock is a Hold with a £31.00 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 is primarily impacted by its challenging financial performance, with consistent net losses and high leverage. Technical indicators suggest a bearish trend, and the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. While the earnings call highlighted some positive revenue growth, significant operational and debt challenges persist.
To see Spark’s full report on GB:MCG stock, click here.
More about Mobico Group
Mobico Group PLC operates in the transportation industry, providing various mobility solutions and services. The company focuses on delivering efficient and sustainable transport options to its customers.
Average Trading Volume: 5,087,059
Technical Sentiment Signal: Sell
Current Market Cap: £187.5M
For detailed information about MCG stock, go to TipRanks’ Stock Analysis page.