RBC Capital Sticks to Its Hold Rating for Freehold Royalties (FRHLF)

RBC Capital analyst Michael Harvey maintained a Hold rating on Freehold Royalties (FRHLF) with a C$18.00 target. The Street’s consensus sits at a Moderate Buy with a target near C$18.91. For the quarter ended March 31, Freehold Royalties reported revenue of C$77.82 million and net profit of C$35.11 million, versus C$91.07 million revenue and C$37.31 million net profit a year ago. Insider activity remains positive, with 12 insiders indicating buying interest, supporting a constructive near‑term outlook.