Shares of Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Rating) have earned a consensus rating of "Moderate Buy" from the eleven ratings firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $17.56.

A number of research firms have recently weighed in on FRHLF. Scotiabank increased their price objective on Freehold Royalties from C$17.00 to C$18.00 in a research note on Wednesday, June 8th. CIBC downgraded Freehold Royalties from an "outperform" rating to a "neutral" rating in a report on Wednesday, June 15th. National Bank Financial reduced their price target on Freehold Royalties from C$22.00 to C$20.00 in a report on Monday, July 18th. Finally, Canaccord Genuity Group initiated coverage on Freehold Royalties in a report on Thursday, August 25th. They issued a "buy" rating for the company.

Freehold Royalties Trading Down 3.0 %

Shares of FRHLF opened at $10.62 on Friday. The business's 50-day moving average price is $10.49 and its 200-day moving average price is $11.24. Freehold Royalties has a twelve month low of $7.27 and a twelve month high of $13.97.

Freehold Royalties Increases Dividend

Freehold Royalties Company Profile

(Get Rating)

Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. The company holds approximately 6.2 million gross acres of land in Canada and 0.8 million gross drilling unit acres in the United States.

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