B.Riley FBR Remains a Buy on Royal Gold (RGLD)


B.Riley FBR analyst Adam Graf maintained a Buy rating on Royal Gold (RGLD) today and set a price target of $127.10. The company’s shares closed last Monday at $122.15.

According to TipRanks.com, Graf is a 1-star analyst with an average return of -3.9% and a 41.9% success rate. Graf covers the Basic Materials sector, focusing on stocks such as Gold Standard Ventures Corp, Newmont Mining Corporation, and First Majestic Silver.

Royal Gold has an analyst consensus of Moderate Buy, with a price target consensus of $126.05.

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Royal Gold’s market cap is currently $7.99B and has a P/E ratio of 85.08. The company has a Price to Book ratio of 3.73.

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RGLD in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Royal Gold, Inc. engages in the acquisition and management of metal streams, royalties, and similar interests. It operates through the following segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests.

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