Analyst Ratings For Freehold Royalties Ltd (TSE:FRU)
Today, Scotiabank raised its price target on Freehold Royalties Ltd (TSE:FRU) to C$15.50 per share.
There are 6 hold ratings, 5 buy ratings on the stock.
The current consensus rating on Freehold Royalties Ltd (TSE:FRU) is Hold (Score: 2.45) with a consensus target price of C$16.37 per share, a potential .
Some recent analyst ratings include
About Freehold Royalties Ltd (TSE:FRU)
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. The Company’s total land holdings encompass approximately 3.7 million gross acres, over 90% of which are royalties. Of this, its mineral title lands (including royalty assumption lands), which it owns in perpetuity, cover approximately 750,000 acres. It also has interests in over 36,000 wells (of which over 34,000 are royalty wells, including over 18,000 unitized wells). The Company has approximately 300,000 gross undeveloped acres. In addition, it has gross overriding royalty interests in over 2.5 million acres. The Company has drilled and completed a total of over 5,290 wells within the Western Canadian Sedimentary Basin.
Recent Trading Activity for Freehold Royalties Ltd (TSE:FRU)
Shares of Freehold Royalties Ltd closed the previous trading session at 14.19 up +0.74 5.50% with 712,345 shares trading hands.
