uploads///Mosaics  Month Rating and Price Target

Analysts’ Ratings and the Next-12-Month Price Target for Mosaic


Dec. 4 2020, Updated 10:53 a.m. ET

Price targets and ratings

Since Mosaic’s (MOS) 1Q16 earnings update is out, let’s look at how the next-12-month analyst price targets and ratings have changed.

Following Mosaic’s 1Q16 earnings release, Wall Street analysts revised their next-12-month price target up by 0.5% from $24.08 to $24.24. However, the consensus price target a month ago was $28.2. This shows a continuing weakness in the market over the next 12 months. It’s still a 4.4% upside from $26.08 on May 5, 2016.

Over the years, we’ve seen Mosaic’s share price move in tandem with analysts’ price targets. When analysts lowered their 12-month price targets, Mosaic stock also fell and vice versa. Since the earnings release on March 4, 2016, Mosaic’s share prices have fallen about 8.5%.

Article continues below advertisement

Analysts’ ratings

Of the 22 analysts surveyed by Bloomberg, about 32% of them gave Mosaic (MOS) a “buy” rating. About 41% of analysts issued a “hold” rating, and only 27% issued “sell” rating. We believe this came on the back of long-term prospects for agricultural fertilizers, which will continue to play an important role in growing crops to feed a growing global population.

To get access to an array of agricultural fertilizer companies, you may consider the VanEck Vectors Agribusiness ETF (MOO), which has invested about 14% of its portfolio in PotashCorp (POT), CF Industries Holdings (CF), and Agrium (AGU) combined.

To get more updates on fertilizer companies, you can visit our Agricultural Fertilizers page.


More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.