Mosaic Capital (M) Price Target Raised to C$7.50 at Canaccord Genuity
Mosaic Capital (CVE:M) had its target price increased by equities research analysts at Canaccord Genuity from C$5.75 to C$7.50 in a research note issued on Thursday, BayStreet.CA reports. Canaccord Genuity’s price target would indicate a potential upside of 21.95% from the company’s current price.
Separately, Desjardins boosted their target price on Mosaic Capital from C$5.00 to C$5.25 in a report on Friday, March 22nd.
CVE:M traded up C$0.15 during trading hours on Thursday, hitting C$6.15. 11,967 shares of the stock were exchanged, compared to its average volume of 4,926. The firm has a market cap of $58.34 million and a P/E ratio of 6.71. Mosaic Capital has a 52-week low of C$3.70 and a 52-week high of C$6.37. The company has a current ratio of 1.81, a quick ratio of 1.62 and a debt-to-equity ratio of 76.09.
Mosaic Capital Company Profile
Mosaic Capital Corporation is a private equity firm specializing in acquisitions, growth capital, mature, buyouts, and middle market investments. It prefers to invest in consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services, utilities sectors and infrastructure, distribution, construction, business services, oil and gas services, manufacturing and real estate industries.
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