Canaccord Genuity Lowers Mosaic Capital Corp Price Target to C$42.00 (M)
Canaccord Genuity lowered their price objective on shares of Mosaic Capital Corp (CVE:M) from C$43.00 to C$42.00 in a research note issued on Friday, Analyst Ratings Network.com reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price objective suggests a potential upside of 229.15% from the stock’s previous close.
A number of other analysts have also recently weighed in on M. Analysts at Mackie cut their price target on shares of Mosaic Capital Corp from C$16.20 to C$16.00 in a research note to investors on Thursday, October 17th. They now have a “buy” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Mosaic Capital Corp from C$41.00 to C$42.00 in a research note to investors on Tuesday, October 8th. They now have a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of C$38.38.
Mosaic Capital Corporation is a Canada-based investment company that owns a portfolio of companies operating in the printing, oil and gas service, technology and real estate industries.
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