CIBC Raises its Price Target on OR Royalties Inc. (OR) to C$88 and Maintains an Outperformer Rating

Core Viewpoint - OR Royalties Inc. is recognized as one of the best mining stocks to buy according to Wall Street, with analysts raising price targets due to increased gold and copper price forecasts [1][2][3]. Price Target Adjustments - CIBC analyst Cosmos Chiu raised the price target on OR Royalties Inc. to C$88 from C$86, maintaining an Outperformer rating, influenced by increased gold price forecasts to $6,000 per ounce in 2026 and $6,500 in 2027 [2]. - Scotiabank also raised its price target on OR Royalties Inc. to $51 from $41, keeping a Sector Perform rating, citing economic and geopolitical uncertainty along with strong central bank buying [3]. Company Overview - OR Royalties Inc. focuses on acquiring and managing precious metal and other royalties and streams, with significant assets in Canada and international markets, including a 3 to 5 percent net smelter return royalty on the Canadian Malartic complex [4].