There’s a lot to be optimistic about in the Materials sector as 1 analysts just weighed in on and Osisko Gold Royalties (OR) with bullish sentiments.
Osisko Gold Royalties (OR)
Canaccord Genuity analyst Carey MacRury maintained a Buy rating on Osisko Gold Royalties on January 14 and set a price target of C$26.00. The company’s shares closed last Thursday at $11.38.
According to TipRanks.com, MacRury is a 5-star analyst with an average return of 16.1% and a 60.3% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Golden Star Resources, and Kirkland Lake Gold.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Osisko Gold Royalties with a $17.37 average price target, a 53.7% upside from current levels. In a report issued on January 4, RBC Capital also maintained a Buy rating on the stock with a $14.00 price target.
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