Freehold Royalties (TSE:FRU – Get Free Report) was upgraded by Raymond James to a “hold” rating in a research note issued on Thursday, Zacks.com reports.
A number of other equities analysts have also recently commented on FRU. Atb Cap Markets cut Freehold Royalties from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Scotiabank cut their price objective on shares of Freehold Royalties from C$18.00 to C$17.00 in a research report on Friday, July 12th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Freehold Royalties has a consensus rating of “Moderate Buy” and a consensus price target of C$17.45.
Get Our Latest Stock Analysis on FRU
Freehold Royalties Trading Down 0.3 %
Freehold Royalties (TSE:FRU – Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported C$0.26 earnings per share (EPS) for the quarter. The firm had revenue of C$84.50 million for the quarter. Freehold Royalties had a net margin of 46.41% and a return on equity of 16.17%. Sell-side analysts anticipate that Freehold Royalties will post 0.7581169 earnings per share 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.
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