Freehold Royalties (TSE:FRU – Get Free Report) had its price objective decreased by analysts at Canaccord Genuity Group from C$19.50 to C$19.00 in a research report issued on Wednesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 33.33% from the stock’s previous close.
A number of other research firms also recently issued reports on FRU. BMO Capital Markets set a C$15.00 price target on shares of Freehold Royalties and gave the stock a “market perform” rating in a research note on Wednesday, March 13th. ATB Capital reduced their target price on Freehold Royalties from C$19.50 to C$19.00 in a report on Tuesday, January 2nd. National Bankshares cut their target price on shares of Freehold Royalties from C$20.00 to C$17.00 and set an “outperform” rating for the company in a research report on Wednesday, January 10th. Raymond James reduced their price target on shares of Freehold Royalties from C$20.00 to C$17.50 and set an “outperform” rating for the company in a research report on Friday, January 19th. Finally, CIBC cut their price target on Freehold Royalties from C$16.75 to C$16.00 and set a “neutral” rating for the company in a report on Tuesday, January 16th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Freehold Royalties presently has an average rating of “Moderate Buy” and a consensus target price of C$17.64.
View Our Latest Stock Analysis on Freehold Royalties
Freehold Royalties Trading Down 0.3 %
Freehold Royalties (TSE:FRU – Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported C$0.23 earnings per share (EPS) for the quarter. Freehold Royalties had a net margin of 41.93% and a return on equity of 14.00%. The business had revenue of C$80.06 million for the quarter. As a group, equities analysts expect that Freehold Royalties will post 0.7581169 EPS for the current fiscal year.
About Freehold Royalties
Freehold Royalties Ltd. engages in the acquiring and managing royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. Freehold Royalties Ltd. was founded in 1996 and is headquartered in Calgary, Canada.
Featured Articles
- Five stocks we like better than Freehold Royalties
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- United Airlines Soars on Earnings Beat
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- J.B. Hunt Hits the Skids: Lower Prices to Come
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Freehold Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freehold Royalties and related companies with MarketBeat.com's FREE daily email newsletter.