Royal Gold (RGLD) Stock Forecast & Price Target

$133.76
+0.63 (+0.47%)
(As of 11:58 AM ET)

Royal Gold - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 7 Analyst Ratings

Consensus Price Target

$141.14
5.52% Upside
High Forecast$160.00
Average Forecast$141.14
Low Forecast$117.00
TypeCurrent Forecast
5/21/23 to 5/20/24
1 Month Ago
4/21/23 to 4/20/24
3 Months Ago
2/20/23 to 2/20/24
1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$141.14$143.25$144.29$139.75
Forecasted Upside5.52% Upside24.41% Upside23.70% Upside13.26% Upside
Get Royal Gold Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for RGLD and its competitors with MarketBeat's FREE daily newsletter.

RGLD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

RGLD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Royal Gold Stock vs. The Competition

TypeRoyal GoldBasic Materials CompaniesS&P 500
Consensus Rating Score
2.43
2.58
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside6.02% Upside433.20% Upside7.85% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/9/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$162.00 ➝ $160.00+28.75%
2/29/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold$117.00+15.50%
2/15/2024Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOverweight ➝ Neutral
2/15/2024National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Nagle
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeSector Perform ➝ Outperform
11/2/2023TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy$175.00 ➝ $155.00+46.67%
10/2/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$161.00 ➝ $157.00+53.01%
7/7/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$122.00 ➝ $124.00+9.64%
6/5/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral ➝ Underperform$130.00+5.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:16 PM ET.

RGLD Frequently Asked Questions

What is Royal Gold's stock forecast and purchase recommendation?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Gold is $141.14, with a high forecast of $160.00 and a low forecast of $117.00. The consensus rating for Royal Gold stock is Hold based on the current 1 sell rating, 2 hold ratings and 4 buy ratings for RGLD. Learn more on RGLD's analyst rating history.

Do Wall Street analysts like Royal Gold more than its competitors?

Analysts like Royal Gold less than other "basic materials" companies. The consensus rating for Royal Gold is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how RGLD compares to other companies.

Is Royal Gold being upgraded by Wall Street analysts?

Over the previous 90 days, Royal Gold's stock had 1 upgrade by analysts.

Does Royal Gold's stock price have much upside?

According to analysts, Royal Gold's stock has a predicted upside of 26.29% based on their 12-month stock forecasts.

What analysts cover Royal Gold?

Royal Gold has been rated by research analysts at BMO Capital Markets, and Jefferies Financial Group in the past 90 days.


Stock Forecasts and Research Tools

This page (NASDAQ:RGLD) was last updated on 5/20/2024 by MarketBeat.com Staff

From Our Partners