Osisko gold royalties Ltd (OR) Price Target Raised to C$18.00

Osisko gold royalties Ltd (TSE:OR) had its target price raised by Scotiabank from C$17.00 to C$18.00 in a report released on Thursday morning. They currently have an outperform rating on the stock.

Other equities analysts have also issued reports about the company. CIBC reduced their target price on Osisko gold royalties from C$17.50 to C$15.00 in a report on Wednesday, January 11th. Desjardins reduced their target price on Osisko gold royalties from C$21.00 to C$19.00 in a report on Wednesday, December 21st. TD Securities upped their target price on Osisko gold royalties from C$19.00 to C$19.50 and gave the company a buy rating in a report on Tuesday, February 28th. Finally, Royal Bank of Canada upped their target price on Osisko gold royalties from C$18.00 to C$19.00 and gave the company an outperform rating in a report on Tuesday, February 28th. Six investment analysts have rated the stock with a buy rating, Osisko gold royalties has an average rating of Buy and a consensus target price of C$18.60.

Analyst Recommendations for Osisko gold royalties (TSE:OR)

Osisko gold royalties (TSE:OR) opened at 15.08 on Thursday. The firm has a 50-day moving average price of $14.81 and a 200 day moving average price of $14.04. Osisko gold royalties has a one year low of $11.90 and a one year high of $18.64. The firm has a market capitalization of $1.61 billion and a PE ratio of 41.09.

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In other Osisko gold royalties news, Director André Gaumond sold 14,633 shares of the stock in a transaction on Monday, March 20th. The stock was sold at an average price of C$14.90, for a total transaction of C$218,031.70.

About Osisko gold royalties

Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.

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