Osisko Gold Royalties Ltd (TSE:OR) Receives C$40.86 Consensus Target Price from Brokerages

Osisko Gold Royalties Ltd (TSE:OR) has received an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$40.86.

OR has been the subject of a number of research analyst reports. Scotiabank cut Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Raymond James Financial raised shares of Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a research report on Thursday. Canaccord Genuity Group upgraded shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Jefferies Financial Group cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 target price on the stock. in a report on Sunday, October 5th. Finally, TD Securities lifted their target price on shares of Osisko Gold Royalties from C$35.00 to C$40.00 in a research report on Wednesday, July 16th.

Osisko Gold Royalties Stock Up 2.2%

Shares of TSE OR opened at C$44.84 on Wednesday. The stock has a market capitalization of C$8.44 billion, a P/E ratio of 57.49, a PEG ratio of 1.31 and a beta of 1.28. Osisko Gold Royalties has a one year low of C$25.35 and a one year high of C$58.84. The firm’s 50 day simple moving average is C$49.86 and its two-hundred day simple moving average is C$41.26. 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 Company Profile

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.