The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting updated valuations in the mining sector, UBS lowered its price target for Royal Gold to $280 from $300 while maintaining a Buy rating. The decision follows a review of the company’s financial model by the bank’s analysts, according to a report from Moomoo.
Royal Gold stock trades well below the new target, closing at $199.61 on June 30, 2026, within a daily range of $197.45 to $203.05. The new target implies potential upside of over 40% from current levels, reinforcing confidence in the stock’s long-term performance despite the target reduction.
Investors will watch the stock’s ability to approach the target amid gold price volatility and broader economic data. Market data shows the stock trading below its 52-week average, presenting a potential opportunity for bulls if sector sentiment improves.
Sign in to access this content
Sign In