Raymond James downgraded OR Royalties (OR) to Market Perform from Outperform with a price target of $41, up from $36. The firm downgraded the shares after updating its commodity price forecasts for the precious and base metals complex. It cites OR’s recent share price performance and current valuation for the downgrade.
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Read More on OR:
- OR Royalties Reports Record Q3 2025 Revenues and Repays Credit Facility
- OR Royalties earns 20,326 attributable GEOs in Q3
- OR Royalties downgraded to Hold from Buy at Jefferies
- OR Royalties downgraded to Hold from Buy at Canaccord (earlier)
- OR Royalties price target raised to $36 from $34 at Raymond James