Freehold Royalties (TSE:FRU) had its price target reduced by Raymond James Financial from C$16.00 to C$15.50 in a research note published on Friday. Raymond James Financial currently has an outperform rating on the stock.
FRU has been the subject of several other reports. Canaccord Genuity lifted their price objective on Freehold Royalties from C$16.00 to C$17.00 in a report on Monday, November 13th. National Bank Financial lifted their price objective on Freehold Royalties from C$16.50 to C$18.00 and gave the stock an outperform rating in a report on Tuesday, January 9th. Finally, Eight Capital reduced their price objective on Freehold Royalties from C$17.75 to C$17.50 in a report on Monday, November 13th.
Shares of Freehold Royalties (TSE FRU) opened at C$12.33 on Friday. Freehold Royalties has a twelve month low of C$11.71 and a twelve month high of C$16.41. The company has a market capitalization of $1,400.00, a PE ratio of 64.89 and a beta of 0.43.
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Freehold Royalties Company Profile
Freehold Royalties Ltd. is a Canada-based company engaged in the development and production of oil and natural gas, predominantly in western Canada. The Company’s primary focus is acquiring and managing oil and natural gas royalties. The Company manages a non-government portfolio of oil and natural gas royalties in Canada.
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