Osisko gold royalties Ltd (TSE:OR) had its price objective trimmed by BMO Capital Markets from C$18.50 to C$16.50 in a report released on Thursday morning.

Several other equities research analysts also recently commented on the company. Scotiabank reduced their price objective on Osisko gold royalties from C$21.00 to C$20.00 and set an outperform rating for the company in a report on Thursday, October 27th. National Bank Financial lifted their price objective on Osisko gold royalties from C$19.00 to C$20.00 in a report on Wednesday, July 13th. Canaccord Genuity reduced their price objective on Osisko gold royalties from C$23.00 to C$20.00 in a report on Monday, October 24th. Paradigm Capital reiterated a buy rating and issued a C$20.25 price objective on shares of Osisko gold royalties in a report on Tuesday, August 23rd. Finally, Desjardins reiterated a buy rating and issued a C$21.00 price objective on shares of Osisko gold royalties in a report on Wednesday, October 26th. Seven equities research analysts have rated the stock with a buy rating, Osisko gold royalties has a consensus rating of Buy and an average target price of C$19.08.

Analyst Recommendations for Osisko gold royalties (TSE:OR)

Shares of Osisko gold royalties (TSE:OR) opened at 12.90 on Thursday. Osisko gold royalties has a 12-month low of $12.34 and a 12-month high of $18.64. The firm’s 50-day moving average is $13.72 and its 200 day moving average is $15.69. The stock has a market capitalization of $1.37 billion and a P/E ratio of 43.00.

About Osisko gold royalties

Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.

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