Todays Report: The Sandstorm Gold Ltd (TSE:SSL) Given Average Recommendation of “Buy” from Brokerages

The Sandstorm Gold Ltd (TSE:SSL) Given Average Recommendation of “Buy” from Brokerages

Shares of Sandstorm Gold Ltd (TSE:SSL) have been assigned an average recommendation of “Buy” from the nine analysts that are currently covering the stock. Two equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$6.91.

Several analysts recently commented on the company. TD Securities lifted their price objective on Sandstorm Gold from C$8.50 to C$9.50 and gave the stock a “buy” rating in a report on Thursday, August 4th. Canaccord Genuity lifted their price objective on Sandstorm Gold from C$8.00 to C$9.00 and gave the stock a “buy” rating in a report on Thursday, August 4th. Raymond James Financial Inc. lifted their price objective on Sandstorm Gold from C$6.75 to C$7.25 in a report on Thursday, July 7th. CIBC lifted their price objective on Sandstorm Gold from C$7.50 to C$8.50 in a report on Saturday, August 6th. Finally, National Bank Financial lifted their price objective on Sandstorm Gold from C$7.50 to C$8.50 in a report on Wednesday, July 13th.

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