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Fly News Breaks for May 13, 2015
News For RGLD From the Last 2 Days
RGLD
Mar 27, 2024 | 04:27 EDT
BMO Capital upgraded Royal Gold to Outperform from Market Perform with a price target of $158, up from $148. The stock's valuation is now more compelling under BMO's new commodity price assumptions and with the modest relative underperformance of Royal Gold year-to-date versus Franco-Nevada and Wheaton Precious Metals, the analyst tells investors in a research note. Th firm believes the royalty and streaming sector, including Royal Gold, should benefit from a positive environment for meaningful new stream and royalty deals through this year.