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Royal Gold, Inc USA) (NASDAQ:RGLD) has been given a consensus rating of “Buy” by the twelve analysts that are covering the company, Analyst Ratings News reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $76.26.

A number of analysts have recently weighed in on RGLD shares. Analysts at CIBC raised their price target on shares of Royal Gold, Inc USA) from $80.00 to $88.00 in a research note on Monday, August 11th. They now have a “sector outperformer” rating on the stock. Separately, analysts at Cowen and Company cut their price target on shares of Royal Gold, Inc USA) from $95.24 to $93.36 in a research note on Friday, August 8th. Finally, analysts at HSBC downgraded shares of Royal Gold, Inc USA) from a “neutral” rating to an “underweight” rating in a research note on Friday, July 25th. They now have a $71.00 price target on the stock.

Royal Gold, Inc USA) (NASDAQ:RGLD) opened at 75.53 on Tuesday. Royal Gold, Inc USA) has a 1-year low of $42.56 and a 1-year high of $82.84. The stock has a 50-day moving average of $77.53 and a 200-day moving average of $69.2. The company has a market cap of $4.920 billion and a P/E ratio of 78.95.

Royal Gold, Inc USA) (NASDAQ:RGLD) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.23 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.29 by $0.06. The company had revenue of $70.10 million for the quarter, compared to the consensus estimate of $77.30 million. During the same quarter last year, the company posted $0.16 earnings per share. Royal Gold, Inc USA)’s revenue was up 22.3% compared to the same quarter last year. Analysts expect that Royal Gold, Inc USA) will post $1.65 EPS for the current fiscal year.

Royal Gold, Inc (NASDAQ:RGLD) together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties and similar interests.

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