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Kimbell Royalty Partners
KRPNYSE
Kimbell Royalty Partners (NYSE:KRP) Stock, Analyst Ratings, Price Targets, Predictions
Kimbell Royalty Partners LP has a consensus price target of $19.8, established from looking at the 31 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Keybanc, and Truist Securities on June 14, 2024, April 22, 2024, and April 5, 2024. With an average price target of $19.33 between B of A Securities, Keybanc, and Truist Securities, there's an implied 17.89% upside for Kimbell Royalty Partners LP from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Keybanc
Truist Securities
Raymond James
Stifel
1calculated from analyst ratings
Analyst Ratings for Kimbell Royalty Partners
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/14/2024 | Buy Now | -2.44% | B of A Securities | Noah Hungness | → $16 | Reinstates | → Underperform | Get Alert |
| 04/22/2024 | Buy Now | 28.05% | Keybanc | Tim Rezvan | $20 → $21 | Maintains | Overweight | Get Alert |
| 04/05/2024 | Buy Now | 28.05% | Truist Securities | Neal Dingmann | $22 → $21 | Maintains | Buy | Get Alert |
| 01/30/2024 | Buy Now | 34.15% | Truist Securities | Neal Dingmann | → $22 | Initiates | → Buy | Get Alert |
| 01/24/2024 | Buy Now | 21.95% | Raymond James | John Freeman | $22 → $20 | Maintains | Strong Buy | Get Alert |
| 01/11/2024 | Buy Now | 21.95% | Keybanc | Tim Rezvan | $21 → $20 | Maintains | Overweight | Get Alert |
| 11/27/2023 | Buy Now | 28.05% | Stifel | Derrick Whitfield | $22 → $21 | Maintains | Buy | Get Alert |
| 08/25/2023 | Buy Now | 34.15% | Stifel | Derrick Whitfield | $19 → $22 | Maintains | Buy | Get Alert |
| 08/07/2023 | Buy Now | 34.15% | Raymond James | John Freeman | $20 → $22 | Maintains | Strong Buy | Get Alert |
| 07/07/2023 | Buy Now | 21.95% | Raymond James | John Freeman | $21 → $20 | Maintains | Strong Buy | Get Alert |
| 06/30/2023 | Buy Now | 21.95% | Citigroup | Paul Diamond | → $20 | Reiterates | Buy → Buy | Get Alert |
| 04/14/2023 | Buy Now | 28.05% | Raymond James | John Freeman | $19 → $21 | Maintains | Strong Buy | Get Alert |
| 04/12/2023 | Buy Now | 9.76% | Stifel | Derrick Whitfield | $22 → $18 | Maintains | Buy | Get Alert |
| 03/27/2023 | Buy Now | 15.85% | Raymond James | John Freeman | $23 → $19 | Maintains | Strong Buy | Get Alert |
| 03/07/2023 | Buy Now | 28.05% | Keybanc | Tim Rezvan | → $21 | Upgrade | Sector Weight → Overweight | Get Alert |
| 01/26/2023 | Buy Now | 40.24% | Raymond James | John Freeman | $26 → $23 | Maintains | Strong Buy | Get Alert |
| 09/20/2022 | Buy Now | — | Keybanc | Tim Rezvan | — | Initiates | → Sector Weight | Get Alert |
| 08/25/2022 | Buy Now | 46.34% | Citigroup | Paul Diamond | → $24 | Initiates | → Buy | Get Alert |
| 07/26/2022 | Buy Now | 58.54% | Raymond James | John Freeman | $25 → $26 | Maintains | Strong Buy | Get Alert |
| 05/02/2022 | Buy Now | 28.05% | Wells Fargo | Nitin Kumar | $19 → $21 | Maintains | Overweight | Get Alert |
| 04/25/2022 | Buy Now | 52.44% | Raymond James | John Freeman | $22 → $25 | Maintains | Strong Buy | Get Alert |
| 04/14/2022 | Buy Now | 34.15% | Stephens & Co. | — | → $22 | Initiates | → Overweight | Get Alert |
| 04/11/2022 | Buy Now | 9.76% | Keybanc | Leo Mariani | $17 → $18 | Maintains | Overweight | Get Alert |
| 03/28/2022 | Buy Now | 34.15% | Raymond James | John Freeman | $21 → $22 | Maintains | Strong Buy | Get Alert |
| 01/25/2022 | Buy Now | 28.05% | Raymond James | John Freeman | $22 → $21 | Maintains | Strong Buy | Get Alert |
| 01/21/2022 | Buy Now | 3.66% | Keybanc | Leo Mariani | $16 → $17 | Maintains | Overweight | Get Alert |
| 11/30/2021 | Buy Now | 9.76% | Wells Fargo | Joseph McKay | — | Upgrade | Equal-Weight → Overweight | Get Alert |
| 10/26/2021 | Buy Now | 34.15% | Raymond James | John Freeman | — | Maintains | Strong Buy | Get Alert |
| 10/20/2021 | Buy Now | -2.44% | Keybanc | Leo Mariani | — | Maintains | Overweight | Get Alert |
| 09/14/2021 | Buy Now | 21.95% | Raymond James | John Freeman | — | Maintains | Strong Buy | Get Alert |
| 07/27/2021 | Buy Now | 9.76% | Raymond James | John Freeman | — | Maintains | Strong Buy | Get Alert |
FAQ
What is the target price for Kimbell Royalty Partners (KRP) stock?
The latest price target for Kimbell Royalty Partners (NYSE:KRP) was reported by B of A Securities on June 14, 2024. The analyst firm set a price target for $16.00 expecting KRP to fall to within 12 months (a possible -2.44% downside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Kimbell Royalty Partners (KRP)?
The latest analyst rating for Kimbell Royalty Partners (NYSE:KRP) was provided by B of A Securities, and Kimbell Royalty Partners their underperform rating.
When was the last upgrade for Kimbell Royalty Partners (KRP)?
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.
When was the last downgrade for Kimbell Royalty Partners (KRP)?
There is no last downgrade for Kimbell Royalty Partners.
When is the next analyst rating going to be posted or updated for Kimbell Royalty Partners (KRP)?
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 June 14, 2024 so you should expect the next rating to be made available sometime around June 14, 2025.
Is the Analyst Rating Kimbell Royalty Partners (KRP) correct?
While ratings are subjective and will change, the latest Kimbell Royalty Partners (KRP) rating was a with a price target of $0.00 to $16.00. The current price Kimbell Royalty Partners (KRP) is trading at is $16.40, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.