The Globe and Mail reports in its Friday, Aug. 8, edition that Desjardins Securities analyst Gary Ho has given his Diversified Royalty target a 25-cent lift to $4, seeing it "building momentum with record adjusted revenue." The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $3.97. Mr. Ho says in a note: "Q2 results exceeded our expectations and consensus on adjusted revenue and normalized EBITDA. Mr. Lube's results surpassed our forecast with impressive 11.3-per-cent SSSG [same-store sales growth]. Oxford Learning also outperformed, delivering 6.5-per-cent SSSG. We are introducing our 2027 forecast. After incorporating the recent Cheba Hut transaction and a better Mr. Lube outlook, and rolling our valuation forward one quarter, our target price increases." The Globe reported on March 26 that CIBC World Markets analyst Ty Collin was maintaining his "neutral" ranking for Diversified Royalty. The shares could then be had for $2.82. The Globe reported on June 20 that Raymond James analyst Michael Glen continued to rate Diversified Royalty "outperform." The shares were then going for $3.17.