Wall Street Analysts Predict a 27.33% Upside in Royal Gold (RGLD): Here's What You Should Know
Zacks reports that the consensus price target for Royal Gold implies 27.3% upside potential. It notes that this metric has limited empirical effectiveness, while upward earnings estimate revisions may indicate near-term upside.
Why it matters — RGLD watchers may find the consensus target and recent direction of earnings estimate revisions relevant, with the source cautioning that price targets have limited effectiveness.