Market Overview

UPDATE: RBC Capital Markets Initiates Coverage on The Mosaic Co. on Multiple Value Drivers

Share:
Related MOS
Earnings Scheduled For February 11, 2015
Benzinga's Top Upgrades
Agrium (AGU) Strikes Fresh 52-Week High at $116.81 - Analyst Blog (Zacks)

In a report published Wednesday, RBC Capital Markets analyst Chris Nocella initiated coverage on The Mosaic Co. (NYSE: MOS) with an Outperform rating and $57.00 price target.

In the report, RBC Capital Markets noted, “Mosaic provides strong leverage to improving demand in the potash and phosphate markets and we believe it would return a substantial amount of capital to shareholders over the next several years. Also, a larger position in phosphates may better position Mosaic if others are interested in its potash assets. We are initiating coverage of MOS with an Outperform rating and $57 per share price target.”

The Mosaic Co. closed on Tuesday at $46.40.

Latest Ratings for MOS

DateFirmActionFromTo
Feb 2015BarclaysMaintainsEqual-weight
Feb 2015UBSUpgradesNeutralBuy
Feb 2015Stifel NicolausMaintainsBuy

View More Analyst Ratings for MOS
View the Latest Analyst Ratings

Posted-In: Chris Nocella RBC Capital MarketsAnalyst Color Initiation Analyst Ratings

 

Related Articles (MOS)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→