Stifel Nicolaus Increases Osisko Gold Royalties (TSE:OR) Price Target to C$28.00

Osisko Gold Royalties (TSE:OR - Get Free Report) had its price target hoisted by equities research analysts at Stifel Nicolaus from C$27.00 to C$28.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Stifel Nicolaus' price target would suggest a potential upside of 26.53% from the stock's previous close.

A number of other analysts have also weighed in on OR. TD Securities dropped their target price on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set a "buy" rating for the company in a report on Friday, February 23rd. National Bankshares dropped their target price on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an "outperform" rating for the company in a report on Thursday, February 22nd. CIBC increased their target price on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a report on Monday. Finally, Raymond James increased their target price on shares of Osisko Gold Royalties from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a report on Friday, January 12th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$25.72.

Osisko Gold Royalties Trading Down 0.6 %

TSE OR traded down C$0.14 during trading on Friday, hitting C$22.13. 174,667 shares of the company's stock traded hands, compared to its average volume of 309,976. The stock has a fifty day moving average of C$20.98 and a two-hundred day moving average of C$19.23. The company has a debt-to-equity ratio of 12.11, a current ratio of 4.11 and a quick ratio of 0.98. Osisko Gold Royalties has a 12-month low of C$15.42 and a 12-month high of C$24.42. The firm has a market cap of C$4.11 billion, a P/E ratio of -85.62, a PEG ratio of 1.31 and a beta of 0.79.

Osisko Gold Royalties (TSE:OR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The company reported C$0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.15 by C$0.01. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%. The business had revenue of C$65.16 million during the quarter. As a group, sell-side analysts expect that Osisko Gold Royalties will post 0.5493552 EPS for the current year.

Insider Buying and Selling at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director David Smith bought 10,000 shares of the firm's stock in a transaction on Monday, February 26th. The stock was acquired at an average price of C$18.98 per share, with a total value of C$189,800.00. In other Osisko Gold Royalties news, Director David Smith bought 10,000 shares of the firm's stock in a transaction on Monday, February 26th. The stock was acquired at an average price of C$18.98 per share, with a total value of C$189,800.00. Also, Senior Officer Iain Wesley Farmer sold 19,600 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of C$22.08, for a total transaction of C$432,864.04. Over the last quarter, insiders sold 53,184 shares of company stock valued at $1,158,088. Corporate insiders own 0.57% of the company's stock.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.