Diversified Royalty (DIV) Stock Forecast & Price Target

C$2.76

+0.01 (+0.36%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Diversified Royalty - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 4 Analyst Ratings

Based on 4 Wall Street analysts who have issued ratings for Diversified Royalty in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 2 have given a hold rating, and 2 have given a buy rating for DIV.

Consensus Price Target

C$3.47
25.60% Upside

High Forecast	C$4.00
Average Forecast	C$3.47
Low Forecast	C$3.00

According to the 4 analysts' twelve-month price targets for Diversified Royalty, the average price target is C$3.47. The highest price target for DIV is C$4.00, while the lowest price target for DIV is C$3.00. The average price target represents a forecasted upside of 25.60% from the current price of C$2.76.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$3.47	C$3.47	C$3.47	C$3.95
Forecasted Upside	25.60% Upside	27.64% Upside	28.87% Upside	31.23% Upside

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DIV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DIV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Diversified Royalty Stock vs. The Competition

Type	Diversified Royalty	Industrials Companies
Consensus Rating Score	2.50	2.60
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/13/2024	Cibc World Mkts 0 of 5 stars	J. Zamparo Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/13/2024	CIBC 3 of 5 stars		Downgrade	Outperform ➝ Neutral
2/26/2024	Cormark 2 of 5 stars		Lower Target		C$4.25 ➝ C$4.00	+45.99%
2/8/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	C$3.40	+18.88%
4/21/2023	Pi Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Zandberg Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	C$4.30 ➝ C$4.50	+49.01%
11/24/2022	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$3.50 ➝ C$4.00	+34.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:34 AM ET.

DIV Forecast - Frequently Asked Questions

What is Diversified Royalty's forecast for 2024?: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Diversified Royalty is C$3.47, with a high forecast of C$4.00 and a low forecast of C$3.00.
Should I buy or sell Diversified Royalty stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diversified Royalty in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DIV shares.
Does Diversified Royalty's stock price have much upside?: According to analysts, Diversified Royalty's stock has a predicted upside of 27.64% based on their 12-month stock forecasts.
Has Diversified Royalty been downgraded by Wall Street analysts recently?: Over the previous 90 days, Diversified Royalty's stock had 2 downgrades by analysts.
What analysts cover Diversified Royalty?: Diversified Royalty has been rated by research analysts at CIBC, and Cibc World Mkts in the past 90 days.
Do Wall Street analysts like Diversified Royalty more than its competitors?: Analysts like Diversified Royalty less than other "industrials" companies. The consensus rating score for Diversified Royalty is 2.50 while the average consensus rating score for "industrials" companies is 2.60. Learn more on how DIV compares to other companies.