Osisko Mining Upgraded by CSFB to Outperform (OSK)
Osisko Mining (TSE:OSK) was upgraded by equities researchers at CSFB from a “neutral” rating to an “outperform” rating in a research report issued on Monday, American Banking News.com reports. The firm currently has a C$7.00 price objective on the stock, up from their previous price objective of C$6.00. CSFB’s price target indicates a potential upside of 40.00% from the stock’s previous close.
Shares of Osisko Mining (TSE:OSK) traded up 6.00% on Monday, hitting $5.30. The stock had a trading volume of 2,072,572 shares. Osisko Mining has a 52 week low of $2.98 and a 52 week high of $10.09. The stock’s 50-day moving average is $4.88 and its 200-day moving average is $4.68. The company’s market cap is $2.316 billion.
A number of other analysts have also recently weighed in on OSK. Analysts at BMO Capital Markets raised their price target on shares of Osisko Mining from C$6.00 to C$8.00 in a research note to investors on Thursday, September 5th. They now have an “outperform” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Osisko Mining from C$5.75 to C$6.25 in a research note to investors on Tuesday, August 6th. They now have an “outperform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Osisko Mining from C$6.00 to C$6.50 in a research note to investors on Tuesday, August 6th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$7.25.
Osisko Mining Corporation (TSE:OSK) is engaged in the business of acquiring, exploring, developing and operating mineral properties, primarily those containing gold and associated precious metals.
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