Mosaic (MOS) Upgraded to Neutral by CIBC

Mosaic (NYSE:MOS) was upgraded by analysts at CIBC from a “sector underperform” rating to a “neutral” rating in a research note issued on Sunday, Marketbeat Ratings reports.

Several other analysts also recently issued reports on MOS. Citigroup increased their price target on Mosaic from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, November 2nd. Cowen reiterated a “hold” rating and issued a $25.00 price target on shares of Mosaic in a report on Friday, January 12th. Stephens assumed coverage on Mosaic in a report on Friday, February 2nd. They issued an “overweight” rating for the company. Royal Bank of Canada reiterated a “hold” rating on shares of Mosaic in a report on Wednesday, October 18th. Finally, BMO Capital Markets increased their price target on Mosaic from $23.00 to $24.00 and gave the company a “market perform” rating in a report on Wednesday, November 1st. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.98.

Shares of Mosaic (MOS) traded up $0.39 during midday trading on Friday, reaching $24.74. The company had a trading volume of 1,040,804 shares, compared to its average volume of 4,970,109. Mosaic has a 52-week low of $19.23 and a 52-week high of $34.36. The firm has a market cap of $8,550.00, a P/E ratio of 25.63, a P/E/G ratio of 1.94 and a beta of 1.29. The company has a current ratio of 1.78, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37.

Large investors have recently bought and sold shares of the business. SeaCrest Wealth Management LLC purchased a new position in Mosaic in the 4th quarter valued at about $106,000. Cerebellum GP LLC purchased a new position in Mosaic in the 4th quarter valued at about $130,000. Stuart Chaussee & Associates Inc. purchased a new position in Mosaic in the 4th quarter valued at about $138,000. Harel Insurance Investments & Financial Services Ltd. boosted its position in Mosaic by 60.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,000 shares of the basic materials company’s stock valued at $154,000 after buying an additional 2,257 shares during the last quarter. Finally, YorkBridge Wealth Partners LLC boosted its position in Mosaic by 13,636.4% in the 3rd quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock valued at $130,000 after buying an additional 6,000 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

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Mosaic Company Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

Analyst Recommendations for Mosaic (NYSE:MOS)

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