Osisko gold royalties (OR) Price Target Cut to C$16.25
Osisko gold royalties (TSE:OR) had its target price reduced by equities researchers at National Bank Financial from C$18.50 to C$16.25 in a report issued on Wednesday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 31.58% from the company’s previous close.
Several other equities research analysts have also recently commented on the company. Eight Capital lowered their price target on Osisko gold royalties from C$17.60 to C$15.25 in a research note on Wednesday. BMO Capital Markets lowered their price target on Osisko gold royalties from C$17.00 to C$16.00 in a research note on Tuesday, January 23rd. Canaccord Genuity boosted their price target on Osisko gold royalties from C$22.00 to C$22.50 in a research note on Friday, January 19th. CIBC lowered their price target on Osisko gold royalties from C$19.00 to C$17.00 in a research note on Thursday, December 14th. Finally, Desjardins reaffirmed a “buy” rating on shares of Osisko gold royalties in a research report on Monday, December 11th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of C$18.00.
Shares of Osisko gold royalties (TSE OR) opened at C$12.35 on Wednesday. The company has a market capitalization of $1,950.00, a P/E ratio of -56.14 and a beta of -0.26. Osisko gold royalties has a 12 month low of C$12.00 and a 12 month high of C$17.58.
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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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