RBC Capital Keeps Their Hold Rating on Mosaic Co (MOS)

In a report released on May 3, Andrew Wong CFA from RBC Capital maintained a Hold rating on Mosaic Co (MOS – Research Report), with a price target of $32.00. The company’s shares closed last Friday at $28.68.

According to TipRanks, Wong CFA is a 4-star analyst with an average return of 8.6% and a 47.78% success rate. Wong CFA covers the Basic Materials sector, focusing on stocks such as Cf Industries Holdings, Lsb Industries, and Mosaic Co.

In addition to RBC Capital, Mosaic Co also received a Hold from Mizuho Securities’s Edlain Rodriguez in a report issued on May 3. However, on May 2, Scotiabank maintained a Buy rating on Mosaic Co (NYSE: MOS).

Based on Mosaic Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.15 billion and a net profit of $365.3 million. In comparison, last year the company earned a revenue of $4.48 billion and had a net profit of $523.2 million

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Mosaic Co (MOS) Company Description:

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 Mosaic Fertilizantes. The Phosphates segment owns and operates mines and production facilities in North America which produces concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and concentrated crop nutrients. The Potash segment owns and operates potash mines and production facilities in North America which produce potash-based crop nutrients, animal feed ingredients, and industrial products. The Mosaic Fertilizantes segment produces and sell phosphate and potash-based crop nutrients, and animal feed ingredients, in Brazil. The company was founded on October 22, 2004 and is headquartered in Plymouth, MN.