Osisko Gold Royalties Ltd (TSE:OR) Receives C$47.57 Average Price Target from Brokerages

Osisko Gold Royalties Ltd (TSE:OR) has been given an average recommendation of “Moderate Buy” by the six analysts that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$40.86.

Several equities analysts have recently issued reports on OR shares. Jefferies Financial Group downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 price target for the company. in a report on Sunday, October 5th. TD Securities boosted their price target on shares of Osisko Gold Royalties from C$35.00 to C$40.00 in a report on Wednesday, July 16th. Canaccord Genuity Group downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and boosted their price target for the company from C$44.00 to C$56.00 in a report on Thursday, October 2nd. Raymond James Financial downgraded shares of Osisko Gold Royalties from a “moderate buy” rating to a “hold” rating in a report on Friday. Finally, National Bankshares boosted their price target on shares of Osisko Gold Royalties from C$38.00 to C$40.00 and gave the company an “outperform” rating in a report on Tuesday, June 24th.

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock opened at C$52.72 on Friday. The company has a market cap of C$9.92 billion, a PE ratio of 125.52, a P/E/G ratio of 1.31 and a beta of 1.18. The company has a fifty day moving average price of C$47.83 and a two-hundred day moving average price of C$39.02. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. Osisko Gold Royalties has a 12 month low of C$25.35 and a 12 month high of C$58.84.

About Osisko Gold Royalties

Osisko is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 175 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.