UBS Raises Royal Gold Price Target to $285

Royal Gold's (NASDAQ:RGLD) price target has been raised by UBS Group to $285.00 from $280.00, representing a potential upside of 23.96% from its previous close.

This is the second time this year that UBS Group has increased its price target for Royal Gold, following a similar increase in July when the target was raised to $280.00.

Eight analysts have given the stock a 'Buy' rating, while three have given it a 'Hold' and two a 'Sell', resulting in an average rating of 'Hold' and an average price target of $280.73.