The Globe and Mail reports in its Friday, Nov. 10, edition that BMO Capital analyst Mike Murphy has reaffirmed his "market perform" recommendation for Freehold Royalties. The Globe's David Leeder writes in the Eye On Equities column that Mr. Murphy gave his share target a 50-cent trim to $15.50. Analysts on average target the shares at $19.08. Mr. Murphy says in a note: "Q3/23 results were in line with expectations on both cash flow and royalty production, and we are encouraged by a meaningful increase in U.S. volumes q/q. We continue to expect Freehold to target a growth strategy through M&A, primarily focused on U.S. assets." The Globe reported on June 17, 2022, and Oct. 13, 2023, that National Bank Financial analysts Travis Wood and Dan Payne rated Freehold Royalties "outperform." The shares could then be had for $13.09 and $14.36. The Globe reported on Aug. 2, 2023, that CIBC World Markets analyst Jamie Kubik was sticking with his "neutral" recommendation for Freehold Royalties. The shares could then be had for $14.05.