Mosaic Co (MOS) Gets a Hold from Morgan Stanley
Morgan Stanley analyst Vincent Andrews maintained a Hold rating on Mosaic Co today and set a price target of $33.00.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Andrews covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, LyondellBasell, and Mosaic Co. According to TipRanks, Andrews has an average return of 0.8% and a 55.25% success rate on recommended stocks.
In addition to Morgan Stanley, Mosaic Co also received a Hold from RBC Capital’s Andrew Wong CFA in a report issued on December 10. However, on December 8, Barclays maintained a Buy rating on Mosaic Co (NYSE: MOS).
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.
Read More on MOS:
Disclaimer & DisclosureReport an Issue
- Fertilizer stocks under pressure as U.S. lifts Belarus potash sanctions
- Early notable gainers among liquid option names on December 12th
- Fertilizer stocks outperform after Ukraine hits Russian fertilizer plants
- Early notable gainers among liquid option names on December 11th
- Mosaic price target lowered to $27 from $30 at RBC Capital
