Osisko gold royalties (OR) Price Target Raised to C$22.50 at Canaccord Genuity

Osisko gold royalties (TSE:OR) had its price objective hoisted by stock analysts at Canaccord Genuity from C$22.00 to C$22.50 in a research note issued to investors on Friday. Canaccord Genuity’s target price points to a potential upside of 54.43% from the company’s current price.

OR has been the subject of a number of other research reports. CIBC dropped their price objective on Osisko gold royalties from C$19.00 to C$17.00 in a report on Thursday, December 14th. National Bank Financial restated an “outperform market weight” rating on shares of Osisko gold royalties in a report on Wednesday, November 8th. Scotiabank lowered their target price on Osisko gold royalties from C$21.00 to C$20.00 and set an “outperform” rating for the company in a report on Monday, November 6th. Eight Capital reiterated a “neutral” rating on shares of Osisko gold royalties in a report on Thursday, November 16th. Finally, Desjardins reiterated a “buy” rating on shares of Osisko gold royalties in a report on Monday, December 11th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of C$19.19.

Shares of Osisko gold royalties (TSE:OR) traded down C$0.13 during trading on Friday, hitting C$14.57. The stock had a trading volume of 703,031 shares, compared to its average volume of 504,829. The stock has a market cap of $2,300.00, a PE ratio of 53.96 and a beta of -0.21. Osisko gold royalties has a 12-month low of C$13.59 and a 12-month high of C$17.58.

Osisko gold royalties (TSE:OR) last announced its earnings results on Wednesday, November 8th. The company reported C$0.06 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.10 by C($0.04). Osisko gold royalties had a return on equity of 1.72% and a net margin of 9.72%.

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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.

Analyst Recommendations for Osisko gold royalties (TSE:OR)

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