Mosaic Company (MOS) Gets A ‘Buy’ Rating

Mosaic Company (NYSE: MOS) is expected to release it Q2Y2010 (quarter ending in November, 09) report on January 5,2010.

According to a recent report released by Broadpoint.Amtech, Mosaic Company has been given a 12-months price target of $65 along with a ‘Buy’ rating. According to the report, the company is likely to present a lukewarm quarterly report due to $50 million charges due to the permanent closure of two facilities and segment realignment.

The Mosaic Company is the largest phosphate producer as well as second largest producer of Potash, therefore it is likely to benefit from the upward trend in fertilizer consumption.