Canaccord Genuity Initiates Royal Gold With Hold

Analysts at Canaccord Genuity initiated coverage on

with a Hold rating. The target price for Royal Gold is set to $72.50. Royal Gold shares have gained 3.21 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period. Royal Gold shares closed at $66.19 yesterday.