Kimbell Royalty Partners with ticker code (KRP) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The target price High/Low ranges between 25 and 19 and has a mean target at $21.67. Given that the stocks previous close was at $16.08 and the analysts are correct then there would likely be a percentage uptick in value of 34.8%. Also worth taking note is the 50 day moving average now sits at $15.45 and the 200 day MA is $16.74. The company has a market capitalization of $1,425m. Visit the company website at: https://www.kimbellrp.com
The potential market cap would be $1,921m based on the market consensus.
Kimbell Royalty Partners, LP, together with its subsidiaries, engages in acquiring and owning mineral and royalty interests in oil and natural gas properties in the United States. The company serves as the general partner of the company. Kimbell Royalty Partners, LP was incorporated in 2015 and is based in Fort Worth, Texas.
The company has a dividend yield of 12.2% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 9.35, revenue per share of 5.27 and a 10.2% return on assets.
