Osisko gold royalties Ltd (OR) Price Target Cut to C$17.50
Osisko gold royalties Ltd (TSE:OR) had its target price reduced by CIBC from C$19.00 to C$17.50 in a report issued on Monday. CIBC’s price target would suggest a potential upside of 29.15% from the company’s previous close.
A number of other research firms also recently commented on OR. TD Securities upped their price objective on shares of Osisko gold royalties from C$19.50 to C$21.00 and gave the company a “buy” rating in a research note on Friday, August 5th. Scotiabank reissued an “outperform” rating and set a C$21.00 target price on shares of Osisko gold royalties in a research report on Thursday, July 28th. Paradigm Capital reissued a “buy” rating and set a C$20.25 target price on shares of Osisko gold royalties in a research report on Tuesday, August 23rd. Desjardins reissued a “buy” rating and set a C$21.00 target price on shares of Osisko gold royalties in a research report on Wednesday, October 26th. Finally, Canaccord Genuity dropped their target price on shares of Osisko gold royalties from C$23.00 to C$20.00 in a research report on Monday, October 24th. Seven investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of C$19.08.
Osisko gold royalties (TSE:OR) opened at 13.55 on Monday. The stock has a market capitalization of $1.44 billion and a PE ratio of 45.17. The company’s 50 day moving average is $13.68 and its 200-day moving average is $15.66. Osisko gold royalties has a 1-year low of $12.34 and a 1-year high of $18.64.
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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