Scotiabank analyst Tanya Jakusconek reiterated a Hold rating on Royal Gold (NASDAQ: RGLD) yesterday and set a price target of $88. The company’s shares closed yesterday at $82.88.
According to TipRanks.com, Jakusconek is a 1-star analyst with an average return of -4.8% and a 33.3% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Randgold Resources Limited, Barrick Gold, and Buenaventura.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Royal Gold with a $97.50 average 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 443.5K.
Based on the recent corporate insider activity of 53 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.
