Price Target Update on Mosaic Company (The) (NYSE:MOS)

Mosaic Company (The) (NYSE:MOS) : Average target price received by Mosaic Company (The) (NYSE:MOS) is $29.91 with an expected standard deviation of $8.13. The most aggressive target on the stock is $48, whereas the most downbeat target is $21. 11 financial analysts are currently covering the stock.

Other Equity analysts have also commented on the company shares. Major Brokerage house, Stifel Nicolaus downgrades its ratings on Mosaic Company (The) (NYSE:MOS). According to the latest information available, the shares are now rated Hold by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on May 31, 2016.

Mosaic Company (The) (NYSE:MOS): stock turned positive on Thursday. Though the stock opened at $27.57, the bulls momentum made the stock top out at $28.7 level for the day. The stock recorded a low of $27.55 and closed the trading day at $28, in the green by 4.71%. The total traded volume for the day was 9,273,087. The stock had closed at $26.74 in the previous days trading.

The company shares have dropped -42.13% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $47.13 and the one year low was seen on Feb 2, 2016. The 50-Day Moving Average price is $26.33 and the 200 Day Moving Average price is recorded at $26.72. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior VP -Finance) of Mosaic Co, Brausen Anthony T had sold 19,716 shares worth of $507,096 in a transaction dated June 2, 2016. In this transaction, 19,716 shares were sold at $25.72 per share.

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company is a single source supplier of phosphate and potash-based crop nutrients and animal feed ingredients. It operates in two segments. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients. The Potash segment owns and operates potash mines and production facilities in Canada and the United States, which produce potash-based crop nutrients, animal feed ingredients and industrial products. It mines phosphate rock in Florida and process rock into finished phosphate products at facilities in Florida and Louisiana. It also mines potash in Saskatchewan and New Mexico. The Company has other production, blending or distribution operations in Brazil, China, India and Paraguay.

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