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 suggesting an average Analsyt target price of $21.83. Given that the stocks previous close was at $14.47 and the analysts are correct then there would likely be a percentage uptick in value of 50.9%. The day 50 moving average is $15.57 and the 200 day moving average is $16.78. The total market capitalization for the company now stands at $1,309m. Find out more information at: https://www.kimbellrp.com
The potential market cap would be $1,975m 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 13.75% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.56, revenue per share of 5.27 and a 10.2% return on assets.
