Raymond James Reiterates Hold Rating for Freehold Royalties (FRHLF)
Freehold Royalties (OTCMKTS:FRHLF)‘s stock had its “hold” rating reissued by stock analysts at Raymond James in a note issued to investors on Thursday.
Several other brokerages also recently issued reports on FRHLF. CIBC reissued a “hold” rating on shares of Freehold Royalties in a research note on Sunday, October 7th. BMO Capital Markets reaffirmed a “buy” rating on shares of Freehold Royalties in a research note on Thursday. Finally, Desjardins reaffirmed a “buy” rating on shares of Freehold Royalties in a research note on Thursday.
Freehold Royalties stock traded down $0.06 during mid-day trading on Thursday, hitting $6.84. The company’s stock had a trading volume of 970 shares, compared to its average volume of 5,218. Freehold Royalties has a 52-week low of $6.84 and a 52-week high of $12.04.
Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, and potash properties in Western Canada. It holds approximately 6.1 million gross acres of land from northeastern British Columbia to southern Ontario. It has interests in approximately 42,000 wells and receives royalty from industry operators.
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