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Analysts at CIBC assumed coverage on shares of Osisko Gold Royalties (TSE:OR) in a research report issued to clients and investors on Friday. The firm set an “outperform” rating and a C$20.00 price target on the stock. CIBC’s price target would suggest a potential upside of 23.84% from the stock’s previous close.

Shares of Osisko Gold Royalties (TSE:OR) opened at 16.15 on Friday. Osisko Gold Royalties has a one year low of $14.10 and a one year high of $16.33. The stock has a 50-day moving average of $15.66 and a 200-day moving average of $15.66.

A number of other analysts have also recently weighed in on OR. Analysts at Dundee Securities initiated coverage on shares of Osisko Gold Royalties in a research note on Monday. They set a “neutral” rating and a C$14.00 price target on the stock. Analysts at RBC Capital initiated coverage on shares of Osisko Gold Royalties in a research note on Wednesday, June 4th. They set an “outperform” rating and a C$18.00 price target on the stock.

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