Cowen & Co. Believes Mosaic Co (MOS) Won’t Stop Here


In a report released today, Charles Neivert from Cowen & Co. maintained a Buy rating on Mosaic Co (NYSE: MOS), with a price target of $38. The company’s shares opened today at $30.64, close to its 52-week high of $32.32.

According to TipRanks.com, Neivert is a 5-star analyst with an average return of 13.2% and a 65.4% success rate. Neivert covers the Consumer Goods sector, focusing on stocks such as LyondellBasell, CF Industries, and Methanex Corp.

Mosaic Co has an analyst consensus of Moderate Buy, with a price target consensus of $33.80, a 10.3% upside from current levels. In a report issued on August 8, RBC Capital also reiterated a Buy rating on the stock with a $36 price target.

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The company has a one-year high of $32.32 and a one-year low of $19.23. Currently, Mosaic Co has an average volume of 3.94M.

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The Mosaic Co. engages in the production and marketing of concentrated phosphate and potash crop nutrients. The company operates its businesses through its wholly and majority owned subsidiaries. It operates through the following segments: Phosphates, Potash, and International Distribution.

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