Kimbell Royalty Partners with ticker code (KRP) now have 6 analysts in total covering the stock. The consensus rating is pointing to ‘Strong_Buy’. The range between the high target price and low target price is between 24 and 19 calculating the average target price we see $21.50. Given that the stocks previous close was at $16.07 and the analysts are correct then there would likely be a percentage uptick in value of 33.8%. The day 50 moving average is $15.47 while the 200 day moving average is $16.76. The company has a market capitalization of $1,409m. Company Website: https://www.kimbellrp.com
The potential market cap would be $1,886m 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 12.52% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 9.24, revenue per share of 5.27 and a 10.2% return on assets.
