The Globe and Mail reports in its Wednesday, March 26, edition that CIBC World Markets analyst Ty Collin is maintaining his "neutral" ranking for Diversified Royalty. The Globe's David Leeder writes in the Eye On Equities column that Mr. Collin gave his share target a 10-cent tweak ahead to $3.10. Analysts on average target the shares at $4.08. Mr. Collin says in a note: "Solid Q4 results fell largely in line with our expectations, but a surprise reacceleration of growth at Mr. Lube is a notable bright spot. The payout ratio is at a comfortable level, but future dividend increases are likely contingent on additional M&A." The Globe reported on Feb. 9, 2024, that Raymond James analyst Michael Glen rated Diversified Royalty "outperform" in new coverage. The shares could then be had for $2.87. The Globe reported on Sept. 25, 2024, that Ventum Capital Markets analyst Devin Schilling had resumed coverage on Diversified Royalty with a "buy" recommendation. The shares were then trading at $2.95. The Globe reported on Feb. 27, 2025, Desjardins Securities analyst Gary Ho had commenced coverage on Diversified Royalty with a "buy" recommendation when the shares were going for $2.81.
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