Mosaic (MOS) ended 2017 with one of the worst performances of fertilizer companies (XLB), including PotashCorp, Agrium, CF Industries (CF), Israel Chemicals (ICL), and Intrepid Potash (IPI). Mosaic fell 12.3% in 2017 and is trading almost 2% lower YTD (year-to-date).
A total of 21 Wall Street analysts are covering Mosaic. They have a consensus mean rating of 2.8 on the stock with an overall “hold” recommendation as of January 10, 2018. The ratings were unchanged since our last update in December 2017.
Of the 21 analysts, two have a “strong buy” recommendation for the stock for the next 12-month period, while only one has a “buy” recommendation.
Twelve analysts have a “hold” recommendation for Mosaic. Seven analysts are recommending a “sell,” and none of them have given it a “strong sell.”
As of January 10, 2018, the current consensus median price target for Mosaic is $24, which is below its closing price of $25.90 that day.
In the past two months, Cowen upgraded Mosaic’s price target to $24 from $21, and Citigroup upgraded it from $23 to $25.
Next, we’ll take a look at the ratings and price targets for CF Industries.
Eighteen Wall Street analysts are covering Monsanto. They have a consensus mean rating of 2.6 on the stock with an overall "hold" recommendation as of January 10, 2018.
Last week, Donald Trump blacklisted Chinese telecom giant Huawei Technologies amid rising US-China trade tensions.
This year has been a great one for Snapchat parent Snap (SNAP), and its stock has nearly doubled.
Coca-Cola (KO) will offer a limited edition of its of New Coke cans beginning May 23 as part of its partnership with Netflix’s (NFLX) show Stranger Things.
Clorox stock (CLX) is down about 8% since the company posted its third quarter of fiscal 2019 earnings on May 1.
JD.com (JD) recently invested ~$55 million in purchase a ~10% stake in Jiangsu Xinning Modern Logistics, a Chinese logistics company focusing on the consumer electronics supply chain.
Today, the US stock market was on a path of recovery after starting the week on a bearish note yesterday.