July 08, 2013 at 09:10 AM EDT
UBS Raises Estimates on Mosaic (MOS)

On Monday, UBS announced that it has increased its estimates on agricultural company Mosaic Co (MOS).

The firm has raised its earnings estimates on MOS due to an adjusted fertilizer price outlook. Analysts currently have a $68 price target on the company, which suggests a 21% increase from the stock’s current price of $53.75

Mosaic shares were mostly flat during pre-market trading Monday. The stock is down 5% YTD.

The Bottom Line

Shares of Mosaic Co (MOS) have a 1.86% yield based on Friday’s closing price of $53.75.

Mosaic Co (MOS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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