UBS Issues Q1 Preview on Precious Metals Stocks - Downgrades RGLD

April 13, 2010 2:49 PM EDT Send to a Friend
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Price: $28.81 --0%

Rating Summary:
    12 Buy, 9 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 9 | Down: 20 | New: 18
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UBS issues Q1 preview on precious metals stocks.

UBS analyst said, "We expect the earnings season to be a neutral event, with share prices driven by operating performance and underlying commodity price moves. We note that our estimates are below consensus for Agnico-Eagle (NYSE: AEM), Gammon (NYSE: GRS), IAMGOLD (NYSE: IAG), Coeur (NYSE: CDE) and Yamana (NYSE: AUY). We have downgraded Royal Gold (Nasdaq: RGLD) from Buy to Neutral based on recent share price appreciation."

(NOTE - shares of RGLD are currently down 4.27%)

To see all the upgrades/downgrades on shares of RGLD, visit our Analyst Ratings page.

Royal Gold, Inc. (Royal Gold), together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties.

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