UPDATE: BMO Capital Upgrades Mosaic (MOS) to Outperform, Fertilizer Trade Favors Potash & Phosphate

March 12, 2013 6:56 AM EDT
Get Alerts MOS Hot Sheet
Price: $30.60 -0.55%

Rating Summary:
    6 Buy, 16 Hold, 10 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 54
Trade MOS Now!
Join SI Premium – FREE
(Updated - March 12, 2013 8:59 AM EDT)

BMO Capital upgraded Mosaic (NYSE: MOS) from Market Perform to Outperform with a price target of $72.00 (from $61.00).

Analyst Joel Jackson said the fertilizer trade was turning to potash/phosphate producers vs nitrogen producers. This is bullish for Potash Corp. of Saskatchewan (NYSE: POT) and The Mosaic Company (NYSE: MOS), and less bullish CF Industries Holdings, Inc. (NYSE: CF) and Agrium Inc. (NYSE: AGU).

For an analyst ratings summary and ratings history on Mosaic click here. For more ratings news on Mosaic click here.

Shares of Mosaic closed at $61.50 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View, Upgrades

Related Entities

BMO Capital

Add Your Comment