TD Research raised Osisko Gold(OR:TSX) to $23 from $21

STA Research
by: STA Research

TD Research raised the target on Osisko Gold to $23 from $21, and maintained the Buy rating on the company.

STA Research maintained the Hold rating on the company, with a $20 target.

Scotiabank Capital cut the target on the stock to $22.50 from $26, and maintained the  Outperform rating.

Based on the Osisko Gold Royalties Ltd stock forecasts from 6 analysts, the average analyst target price for Osisko Gold Royalties Ltd is CAD 22.13 over the next 12 months. Osisko Gold Royalties Ltd’s average analyst rating is . Stock Target Advisor’s own stock analysis of Osisko Gold Royalties Ltd is Neutral, which is based on 7 positive signals and 6 negative signals. At the last closing, Osisko Gold Royalties Ltd’s stock price was CAD 16.92. Osisko Gold Royalties Ltd’s stock price has changed by +0.72% over the past week, -0.47% over the past month and +18.16% over the last year.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

 

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