Freehold Royalties (TSE:FRU - Get Free Report) had its price objective lifted by investment analysts at National Bankshares from C$15.50 to C$16.00 in a report released on Thursday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price target would suggest a potential upside of 28.93% from the company's previous close.
Several other analysts have also commented on FRU. CIBC set a C$16.00 target price on Freehold Royalties and gave the stock a "neutral" rating in a report on Monday, December 16th. Canaccord Genuity Group dropped their price objective on Freehold Royalties from C$19.00 to C$18.00 in a report on Tuesday, October 22nd. Raymond James raised Freehold Royalties to a "hold" rating in a report on Thursday, October 17th. Atb Cap Markets lowered Freehold Royalties from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 15th. Finally, BMO Capital Markets raised Freehold Royalties from a "hold" rating to a "strong-buy" rating in a report on Monday, December 16th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of C$16.71.
Check Out Our Latest Stock Report on Freehold Royalties
Freehold Royalties Stock Down 0.7 %
Freehold Royalties stock traded down C$0.09 during midday trading on Thursday, reaching C$12.41. The company's stock had a trading volume of 1,254,160 shares, compared to its average volume of 801,493. The stock's 50-day simple moving average is C$13.16 and its 200-day simple moving average is C$13.60. The company has a debt-to-equity ratio of 24.83, a current ratio of 2.05 and a quick ratio of 1.50. Freehold Royalties has a 52-week low of C$12.06 and a 52-week high of C$14.84. The stock has a market capitalization of C$1.87 billion, a P/E ratio of 12.41, a PEG ratio of -0.92 and a beta of 1.93.
Freehold Royalties (TSE:FRU - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.17 earnings per share for the quarter. Freehold Royalties had a return on equity of 16.17% and a net margin of 46.41%. On average, sell-side analysts expect that Freehold Royalties will post 0.7581169 EPS for the current year.
Freehold Royalties Company Profile
(
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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.
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