The latest price target for Kimbell Royalty Partners (NYSE:KRP) was reported by Truist Securities on August 2, 2024. The analyst firm set a price target for $23.00 expecting KRP to rise to within 12 months (a possible 43.21% upside). 9 analyst firms have reported ratings in the last year.

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

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.

There is no last downgrade for Kimbell Royalty Partners.

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 August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.

While ratings are subjective and will change, the latest Kimbell Royalty Partners (KRP) rating was a maintained with a price target of $22.00 to $23.00. The current price Kimbell Royalty Partners (KRP) is trading at is $16.06, which is out of the analyst’s predicted range.