UBS Raises Price Target, Adjusts Estimates on Mosaic Co. (MOS)
Following the news that Mosaic Co. (MOS) was planning on repurchasing shares and raising its dividend, analysts at UBS adjusted the agricultural products maker’s earnings estimates and raised its price target.
Now the analysts expect shares of MOS to reach $68. This new price target suggests an 11% upside to Monday’s closing price of $61.30.
Mosaic shares were inactive during pre-market trading on Tuesday. The stock is up +8.25% year-to-date.
The Bottom Line
Shares of Mosaic (MOS) have a dividend yield of 1.63% based on last night’s closing price of $61.30 and the company’s annualized dividend payout of $1.00 per share.
Mosaic Co. (MOS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.
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