Osisko gold royalties Ltd (OR) Price Target Raised to C$18.00

Osisko gold royalties Ltd (TSE:OR) had its price objective raised by Scotiabank from C$17.00 to C$18.00 in a research note published on Thursday. The brokerage currently has an outperform rating on the stock.

Several other equities analysts have also issued reports on OR. Royal Bank of Canada lifted their target price on shares of Osisko gold royalties from C$18.00 to C$19.00 and gave the company an outperform rating in a report on Tuesday, February 28th. Desjardins reiterated a buy rating and set a C$20.00 target price on shares of Osisko gold royalties in a report on Wednesday, March 1st. CIBC lifted their target price on shares of Osisko gold royalties from C$15.00 to C$17.00 in a report on Tuesday, February 28th. Finally, TD Securities lifted their target price on shares of Osisko gold royalties from C$19.00 to C$19.50 and gave the company a buy rating in a report on Tuesday, February 28th. Six research analysts have rated the stock with a buy rating, Osisko gold royalties has a consensus rating of Buy and a consensus price target of C$18.60.

Analyst Recommendations for Osisko gold royalties (TSE:OR)

Osisko gold royalties (TSE:OR) opened at 15.08 on Thursday. The company has a market capitalization of $1.61 billion and a price-to-earnings ratio of 41.09. The firm’s 50-day moving average price is $14.81 and its 200 day moving average price is $14.04. Osisko gold royalties has a one year low of $11.90 and a one year high of $18.64.

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In related news, Director AndrĂ© Gaumond sold 14,633 shares of the business’s stock in a transaction that occurred on Monday, March 20th. The shares were sold at an average price of C$14.90, for a total value of C$218,031.70.

Osisko gold royalties Company Profile

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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