BMO Capital Maintains Market Perform on Royal Gold, Raises Price Target to $139
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Jackie Przybylowski has maintained a 'Market Perform' rating on Royal Gold (NASDAQ:RGLD) and raised the price target from $138 to $139.
July 12, 2023 | 12:06 pm
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Royal Gold's price target has been raised from $138 to $139 by BMO Capital, while maintaining a 'Market Perform' rating.
The increase in price target by BMO Capital indicates a positive outlook for Royal Gold. This could potentially lead to an increase in the stock's price in the short term. However, the 'Market Perform' rating suggests that the stock is expected to perform in line with the market, which may limit the upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100