The Mosaic Stock Rating Upgraded by HSBC (MOS)
The Mosaic (NYSE:MOS) was upgraded by investment analysts at HSBC from an “underweight” rating to a “neutral” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports.
The Mosaic (NYSE:MOS) opened at 44.86 on Thursday. The Mosaic has a one year low of $39.75 and a one year high of $64.65. The stock has a 50-day moving average of $46. and a 200-day moving average of $45.6. The company has a market cap of $19.102 billion and a P/E ratio of 10.21.
A number of other analysts have also recently weighed in on MOS. Analysts at Canaccord Genuity cut their price target on shares of The Mosaic from $47.00 to $45.00 in a research note to investors on Friday, January 31st. Separately, analysts at Barclays downgraded shares of The Mosaic from an “overweight” rating to an “equal weight” rating in a research note to investors on Monday, January 27th. They now have a $48.00 price target on the stock, down previously from $49.00. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of The Mosaic from a “neutral” rating to a “sell” rating in a research note to investors on Wednesday, January 22nd. They now have a $42.00 price target on the stock, up previously from $35.00. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have assigned a buy rating to the company. The Mosaic has a consensus rating of “Hold” and an average target price of $50.86.
The Mosaic Company (NYSE:MOS) is a producer and marketer of combined concentrated phosphate and potash crop nutrients for the global agriculture industry.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.