In a latest note to investors, a research analyst has provided a rating update for the Mosaic Capital (M). Today, analyst Raveel Afzaal gave a Buy rating to M and set a C$7.50 price target.
Afzaal has an average return of 10.2% when recommending Mosaic Capital.
According to TipRanks.com, Afzaal is ranked #2041 out of 5183 analysts.
Currently, the analyst consensus on Mosaic Capital is a Moderate Buy with an average price target of C$6.38.
Based on Mosaic Capital’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of C$1.7 million. In comparison, last year the company earned revenue of C$68 million and had a net profit of C$8.19 million.
Mosaic Capital Corp. is an investment company, which engages in acquiring and investing in businesses across a range of industries and geographies. It operates through the following segments: Infrastructure, Diversified, Energy, Real Estate, and Corporate.
The company’s shares closed on Wednesday at C$6, close to its 52-week high of C$6.37.
