Osisko Gold Royalties Ltd (TSE:OR) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Osisko Gold Royalties Ltd has received a consensus rating of "Moderate Buy" from six analysts, with a 12-month price target averaging C$47.57.
• Recent analyst movements include CIBC raising its target price from C$57.00 to C$86.00 and several downgrades, including from Raymond James and Jefferies.
• As of the latest trading session, Osisko Gold Royalties’ shares are priced at C$52.72, with a market capitalization of C$9.92 billion and a debt-to-equity ratio of 5.29.

Shares of Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six analysts that are presently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$47.57.

OR has been the subject of a number of research reports. Raymond James Financial downgraded Osisko Gold Royalties from a "moderate buy" rating to a "hold" rating in a research report on Friday. CIBC increased their target price on Osisko Gold Royalties from C$57.00 to C$86.00 in a research note on Friday. Jefferies Financial Group lowered Osisko Gold Royalties from a "buy" rating to a "hold" rating and set a C$40.00 target price on the stock. in a research note on Sunday, October 5th. TD Securities raised their price target on Osisko Gold Royalties from C$35.00 to C$40.00 in a research note on Wednesday, July 16th. Finally, Canaccord Genuity Group lowered Osisko Gold Royalties from a "buy" rating to a "hold" rating and raised their price target for the company from C$44.00 to C$56.00 in a research note on Thursday, October 2nd.

Osisko Gold Royalties Trading Down 0.1%

OR stock opened at C$52.72 on Friday. Osisko Gold Royalties has a 1-year low of C$25.35 and a 1-year high of C$58.84. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. The company has a market capitalization of C$9.92 billion, a price-to-earnings ratio of 125.52, a PEG ratio of 1.31 and a beta of 1.18. The business has a 50 day simple moving average of C$47.54 and a two-hundred day simple moving average of C$38.74.

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.

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