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 range between the high target price and low target price is between 25 and 20 and has a mean target at $22.50. Given that the stocks previous close was at $14.90 and the analysts are correct then there would likely be a percentage uptick in value of 51.0%. There is a 50 day moving average of $15.93 and the 200 day MA is $17.03. The market cap for the company is $1,257m. Find out more information at: https://www.kimbellrp.com
The potential market cap would be $1,899m 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 13.45% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.17, revenue per share of 5.27 and a 10.2% return on assets.
