In a report released today, Josh Wolfson from Desjardins reiterated a Buy rating on Royal Gold (NASDAQ: RGLD), with a price target of $100. The company’s shares opened today at $91.
Wolfson has an average return of 11.2% when recommending Royal Gold.
According to TipRanks.com, Wolfson is ranked #2262 out of 4840 analysts.
Royal Gold has an analyst consensus of Moderate Buy, with a price target consensus of $95, which is a 4.4% upside from current levels. In a report issued on July 10, RBC Capital also reiterated a Buy rating on the stock with a $104 price target.
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The company has a one-year high of $98.53 and a one-year low of $78.25. Currently, Royal Gold has an average volume of 440.4K.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock.
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Royal Gold, Inc. engages in the acquisition and management of metal streams, royalties, and similar interests. It operates through Acquisition and Management of Stream Interests and Acquisition and Management of Royalty Interests segments.
