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RBC Capital Remains a Buy on OR Royalties (OR)

Tipranks - Wed Apr 22, 8:58PM CDT

RBC Capital analyst Josh Wolfson maintained a Buy rating on OR Royalties on April 20 and set a price target of $56.00. The company’s shares closed yesterday at C$58.42.

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According to TipRanks, Wolfson is a top 100 analyst with an average return of 24.2% and a 70.31% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as OR Royalties, Wheaton Precious Metals, and Franco-Nevada.

In addition to RBC Capital, OR Royalties also received a Buy from Stifel Nicolaus’s Ingrid Rico in a report issued on April 15. However, on April 13, BMO Capital maintained a Hold rating on OR Royalties (NYSE: OR).

OR market cap is currently C$10.33B and has a P/E ratio of 43.54.

Based on the recent corporate insider activity of 66 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 OR in relation to earlier this year.

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