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Stock market today: Wall Street drifts to a mixed finish as yields tick higher
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'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Kimbell Royalty Partners (KRP) Stock Forecast & Price Target

$15.95
-0.05 (-0.31%)
(As of 04/18/2024 ET)

Kimbell Royalty Partners Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$20.86
30.77% Upside
High Forecast$25.00
Average Forecast$20.86
Low Forecast$19.00
TypeCurrent Forecast
4/19/23 to 4/18/24
1 Month Ago
3/20/23 to 3/19/24
3 Months Ago
1/19/23 to 1/19/24
1 Year Ago
4/19/22 to 4/19/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$20.86$21.00$20.40$21.00
Predicted Upside30.77% Upside37.80% Upside34.93% Upside24.95% Upside
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KRP Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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KRP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Kimbell Royalty Partners Stock vs. The Competition

TypeKimbell Royalty PartnersOils/Energy CompaniesS&P 500
Consensus Rating Score
3.14
2.56
2.49
Consensus RatingBuyModerate BuyHold
Predicted Upside30.77% Upside445.24% Upside12.30% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/5/2024Truist Financial
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 Lower TargetBuy ➝ Buy$22.00 ➝ $21.00+30.43%
2/22/2024TD Securities
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 Lower TargetBuy$26.00 ➝ $25.00+60.26%
1/24/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$22.00 ➝ $20.00+34.68%
1/11/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$21.00 ➝ $20.00+37.08%
11/27/2023Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$22.00 ➝ $21.00+37.17%
10/30/2023Bank of America
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 Initiated CoverageBuy$19.00+17.28%
6/30/2023Citigroup
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 Reiterated RatingBuy ➝ Buy$20.00+32.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:09 PM ET.

KRP Price Target - Frequently Asked Questions

What is Kimbell Royalty Partners's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Kimbell Royalty Partners stock is Buy based on the current 6 buy ratings and 1 strong buy rating for KRP. The average twelve-month price prediction for Kimbell Royalty Partners is $20.86 with a high price target of $25.00 and a low price target of $19.00. Learn more on KRP's analyst rating history.

Do Wall Street analysts like Kimbell Royalty Partners more than its competitors?

Analysts like Kimbell Royalty Partners more than other Oils/Energy companies. The consensus rating for Kimbell Royalty Partners is Buy while the average consensus rating for oils/energy companies is Moderate Buy. Learn more on how KRP compares to other companies.

Does Kimbell Royalty Partners's stock price have much upside?

According to analysts, Kimbell Royalty Partners's stock has a predicted upside of 35.47% based on their 12-month stock forecasts.

What analysts cover Kimbell Royalty Partners?

Kimbell Royalty Partners has been rated by Raymond James, TD Securities, and Truist Financial in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:KRP) was last updated on 4/18/2024 by MarketBeat.com Staff

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