Kimbell Royalty Partners which can be found using ticker (KRP) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 25 and 20 calculating the mean target price we have $22.50. Given that the stocks previous close was at $14.73 this is indicating there is a potential upside of 52.7%. The 50 day MA is $15.79 while the 200 day moving average is $16.91. The market cap for the company is $1,277m. You can visit the company’s website by visiting: https://www.kimbellrp.com
The potential market cap would be $1,951m 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 13.97% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.3, revenue per share of 5.27 and a 10.2% return on assets.
