Kimbell Royalty Partners with ticker code (KRP) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 25 and 19 suggesting an average Analsyt target price of $21.83. Given that the stocks previous close was at $15.91 this would indicate that there is a potential upside of 37.2%. The day 50 moving average is $15.40 and the 200 day moving average is $16.73. The market capitalization for the company is $1,438m. You can visit the company’s website by visiting: https://www.kimbellrp.com
The potential market cap would be $1,973m 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 12.99% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 9.4, revenue per share of 5.27 and a 10.2% return on assets.
