Mosaic Capital Corp Given Average Recommendation of “Buy” by Brokerages (CVE:M)
Mosaic Capital Corp (CVE:M) has been given a consensus recommendation of “Buy” by the eleven brokerages that are covering the stock, Stock Ratings Network reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$28.86.
A number of analysts have recently weighed in on M shares. Analysts at Raymond James raised their price target on shares of Mosaic Capital Corp from C$14.75 to C$15.50 in a research note on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Mackie raised their price target on shares of Mosaic Capital Corp from C$16.80 to C$19.00 in a research note on Thursday. They now have a “buy” rating on the stock. Finally, 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.
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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