Barclays Sticks to Its Buy Rating for Mosaic Co (MOS)
In a report released today, Benjamin Theurer from Barclays maintained a Buy rating on Mosaic Co, with a price target of $31.00.
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According to TipRanks, Theurer is a 3-star analyst with an average return of 3.0% and a 48.11% success rate. Theurer covers the Consumer Defensive sector, focusing on stocks such as Hormel Foods, Coca Cola Femsa SAB De CV, and Arca Continental SAB de C V.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mosaic Co with a $34.23 average price target.
Based on Mosaic Co’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.45 billion and a net profit of $411.4 million. In comparison, last year the company earned a revenue of $2.81 billion and had a net profit of $122.2 million
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MOS in relation to earlier this year. Last month, Kuzenko Jody Lynne, a Director at MOS bought 685.00 shares for a total of $17,488.05.
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