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Kimbell Royalty Partners

KRPNYSE
Logo brought to you by Benzinga Data
$16.04
0.040.25%
At close: -
$16.15
0.110.69%
After Hours: 6:45 PM EDT
The dividend Ex-Date was 4 days ago
Consensus Rating1
Overweight
Highest Price Target1
$22.00
Lowest Price Target1
$16.00
Consensus Price Target1
$19.70

Kimbell Royalty Partners (NYSE:KRP) Stock, Analyst Ratings, Price Targets, Forecasts

Kimbell Royalty Partners LP has a consensus price target of $19.7 based on the ratings of 10 analysts. The high is $22 issued by Stephens & Co. on April 14, 2022. The low is $16 issued by B of A Securities on June 14, 2024. The 3 most-recent analyst ratings were released by Keybanc, Truist Securities, and Truist Securities on October 16, 2024, September 30, 2024, and August 2, 2024, respectively. With an average price target of $21.33 between Keybanc, Truist Securities, and Truist Securities, there's an implied 33.00% upside for Kimbell Royalty Partners LP from these most-recent analyst ratings.

Analyst Trends and Forecast
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Oct
Buy
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Analyst Rating and Forecast
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4.0
Buy
Strong Buy
Buy
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Analyst Firms Making Recommendations1

Keybanc
Truist Securities
B of A Securities
Raymond James
Stifel

1calculated from analyst ratings

Analyst Ratings for Kimbell Royalty Partners

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Kimbell Royalty Partners (KRP) stock?

A

The latest price target for Kimbell Royalty Partners (NYSE:KRP) was reported by Keybanc on October 16, 2024. The analyst firm set a price target for $20.00 expecting KRP to rise to within 12 months (a possible 24.69% upside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Kimbell Royalty Partners (KRP)?

A

The latest analyst rating for Kimbell Royalty Partners (NYSE:KRP) was provided by Keybanc, and Kimbell Royalty Partners maintained their overweight rating.

Q

When was the last upgrade for Kimbell Royalty Partners (KRP)?

A

The last upgrade for Kimbell Royalty Partners LP happened on March 7, 2023 when Keybanc raised their price target to $21. Keybanc previously had a sector weight for Kimbell Royalty Partners LP.

Q

When was the last downgrade for Kimbell Royalty Partners (KRP)?

A

There is no last downgrade for Kimbell Royalty Partners.

Q

When is the next analyst rating going to be posted or updated for Kimbell Royalty Partners (KRP)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Kimbell Royalty Partners, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Kimbell Royalty Partners was filed on October 16, 2024 so you should expect the next rating to be made available sometime around October 16, 2025.

Q

Is the Analyst Rating Kimbell Royalty Partners (KRP) correct?

A

While ratings are subjective and will change, the latest Kimbell Royalty Partners (KRP) rating was a maintained with a price target of $21.00 to $20.00. The current price Kimbell Royalty Partners (KRP) is trading at is $16.04, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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