After Canaccord Genuity and BMO Capital gave Osisko Gold Royalties Ltd (NYSE: OR) a Buy rating last month, the company received another Buy, this time from Raymond James. Analyst Brian MacArthur maintained a Buy rating on Osisko Gold Royalties Ltd today and set a price target of $18. The company’s shares closed last Monday at $11.95.
According to TipRanks.com, MacArthur is a 1-star analyst with an average return of -1.9% and a 40.3% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Trevali Mining Corporation, Teck Resources Limited, and Centerra Gold Inc.
Currently, the analyst consensus on Osisko Gold Royalties Ltd is a Strong Buy with an average price target of $14.34, a 20.7% upside from current levels. In a report issued on September 11, BMO Capital also maintained a Buy rating on the stock with a $19 price target.
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The company has a one-year high of $13.43 and a one-year low of $7. Currently, Osisko Gold Royalties Ltd has an average volume of 825.1K.
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Osisko Gold Royalties Ltd. operates as an intermediate precious metal company, which engages in mining and exploration. Its assets portfolio includes Malartic and Éléonore royalties. The company was founded on April 29, 2014 and is headquartered in Montreal, Canada.
