Mosaic Capital Corp Given Average Rating of “Buy” by Brokerages (CVE:M)
Shares of Mosaic Capital Corp (CVE:M) have earned a consensus rating of “Buy” from the eleven ratings firms that are presently covering the stock, Analyst Ratings News reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$28.18.
A number of analysts have recently weighed in on M shares. Analysts at National Bank Financial initiated coverage on shares of Mosaic Capital Corp in a research note on Thursday, August 7th. They set an “outperform” rating and a C$15.50 price target on the stock. Separately, analysts at Raymond James raised their price target on shares of Mosaic Capital Corp from C$13.75 to C$14.75 in a research note on Friday, June 27th. They now have an “outperform” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Mosaic Capital Corp from C$14.25 to C$15.00 in a research note on Tuesday, June 24th. They now have a “buy” rating on the stock.
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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