Royal Gold Gets a Buy Rating from BMO Capital

By Austin Angelo

In a report released yesterday, Andrew Kaip from BMO Capital reiterated a Buy rating on Royal Gold (NASDAQ: RGLD), with a price target of $95. The company’s shares closed yesterday at $79.97.

According to, Kaip is a 1-star analyst with an average return of -2.1% and a 32.3% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Endeavour Silver Corp.

Royal Gold has an analyst consensus of Moderate Buy, with a price target consensus of $86.33.

Royal Gold’s market cap is currently $5.21B and has a P/E ratio of 51.13. The company has a book value ratio of 2.2980.

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Royal Gold, Inc. engages in the investment, acquisition and management of precious metals royalties and streams. It operates through two business segments: Acquisition and Management of Royalty Interests and Acquisition and Management of Stream Interests. The company was founded on January 5, 1981 and is headquartered in Denver, CO.