Analyst Vincent Andrews of Morgan Stanley maintained a Hold rating on Mosaic Co (MOS – Research Report), retaining the price target of $30.00.
Vincent Andrews’s rating is based on several key factors related to Mosaic Co’s financial targets and projections. Mosaic has provided updated production guidance for potash and phosphate, with slight increases in potash production targets for 2025 and 2027 compared to previous guidance and consensus estimates. However, the phosphate production targets remain largely unchanged, aligning with market expectations.
Mosaic’s EBITDA projections for 2026 and 2030 are significantly higher than consensus estimates, indicating potential for growth. The company is also pursuing cost improvements and market access enhancements, which could positively impact EBITDA by 2030. Despite these positive projections, the Hold rating suggests that while there is potential for growth, there may be uncertainties or risks that warrant a cautious approach, such as market conditions or execution risks in achieving these targets.
In another report released on March 5, Barclays also upgraded the stock to a Hold with a $27.00 price target.