Osisko gold royalties’ (OR) “Outperform” Rating Reiterated at Scotiabank
Scotiabank restated their outperform rating on shares of Osisko gold royalties Ltd (TSE:OR) in a research note issued to investors on Friday, StockTargetPrices.com reports. Scotiabank currently has a C$20.00 price target on the stock.
A number of other brokerages also recently weighed in on OR. BMO Capital Markets lowered their target price on shares of Osisko gold royalties from C$18.50 to C$16.50 in a research note on Thursday, November 10th. Paradigm Capital reissued a buy rating and set a C$20.25 target price on shares of Osisko gold royalties in a research note on Tuesday, August 23rd. TD Securities lifted their target price on shares of Osisko gold royalties from C$19.50 to C$21.00 and gave the stock a buy rating in a research note on Friday, August 5th. Desjardins reissued a buy rating and set a C$21.00 target price on shares of Osisko gold royalties in a research note on Wednesday, October 26th. Finally, Canaccord Genuity lowered their target price on shares of Osisko gold royalties from C$23.00 to C$20.00 in a research note on Monday, October 24th. Seven investment 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.
Osisko gold royalties (TSE:OR) opened at 13.55 on Friday. 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 price is $13.68 and its 200-day moving average price is $15.66. The company has a market cap of $1.44 billion and a P/E ratio of 45.17.
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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