Kimbell Royalty Partners with ticker code (KRP) have now 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price High/Low ranges between 24 and 19 calculating the mean target price we have $21.50. Given that the stocks previous close was at $15.63 and the analysts are correct then we can expect a percentage increase in value of 37.6%. The 50 day moving average now sits at $15.48 and the 200 day MA is $16.76. The market cap for the company is $1,386m. Visit the company website at: https://www.kimbellrp.com
The potential market cap would be $1,906m 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 12.73% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 9.08, revenue per share of 5.27 and a 10.2% return on assets.
