Kimbell Royalty Partners
(NYSE:KRP)
$15.95
-0.06[-0.37%]
At close: Apr 24
$16.00
0.0500[0.31%]
After Hours: 9:06AM EDT
Q1 2024 Earnings in 8 days from now on Thu May 2nd, before the market open
Consensus Rating1
Overweight
Highest Price Target1
$22.00
Lowest Price Target1
$13.00
Consensus Price Target1
$19.50

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

Kimbell Royalty Partners LP has a consensus price target of $19.5, established from looking at the 33 latest analyst ratings. The last 3 analyst ratings were released from Keybanc, Truist Securities, and Truist Securities on April 22, 2024, April 5, 2024, and January 30, 2024. With an average price target of $21.33 between Keybanc, Truist Securities, and Truist Securities, there's an implied 33.33% upside for Kimbell Royalty Partners LP from these 3 analyst ratings.

Analyst Trend
1
Nov 23
3
Jan
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keybanc
Truist Securities
Raymond James
Stifel
Citigroup

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Kimbell Royalty Partners

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/22/2024KRPBuy Now
Kimbell Royalty Partners
$16.0031.25%Keybanc
Tim Rezvan
$20 → $21MaintainsOverweightGet Alert
04/05/2024KRPBuy Now
Kimbell Royalty Partners
$16.0031.25%Truist Securities
Neal Dingmann
$22 → $21MaintainsBuyGet Alert
01/30/2024KRPBuy Now
Kimbell Royalty Partners
$16.0037.5%Truist Securities
Neal Dingmann
→ $22Initiates → BuyGet Alert
01/24/2024KRPBuy Now
Kimbell Royalty Partners
$16.0025%Raymond James
John Freeman
$22 → $20MaintainsStrong BuyGet Alert
01/11/2024KRPBuy Now
Kimbell Royalty Partners
$16.0025%Keybanc
Tim Rezvan
$21 → $20MaintainsOverweightGet Alert
11/27/2023KRPBuy Now
Kimbell Royalty Partners
$16.0031.25%Stifel
Derrick Whitfield
$22 → $21MaintainsBuyGet Alert
08/25/2023KRPBuy Now
Kimbell Royalty Partners
$16.0037.5%Stifel
Derrick Whitfield
$19 → $22MaintainsBuyGet Alert
08/07/2023KRPBuy Now
Kimbell Royalty Partners
$16.0037.5%Raymond James
John Freeman
$20 → $22MaintainsStrong BuyGet Alert
07/07/2023KRPBuy Now
Kimbell Royalty Partners
$16.0025%Raymond James
John Freeman
$21 → $20MaintainsStrong BuyGet Alert
06/30/2023KRPBuy Now
Kimbell Royalty Partners
$16.0025%Citigroup
Paul Diamond
→ $20ReiteratesBuy → BuyGet Alert
04/14/2023KRPBuy Now
Kimbell Royalty Partners
$16.0031.25%Raymond James
John Freeman
$19 → $21MaintainsStrong BuyGet Alert
04/12/2023KRPBuy Now
Kimbell Royalty Partners
$16.0012.5%Stifel
Derrick Whitfield
$22 → $18MaintainsBuyGet Alert
03/27/2023KRPBuy Now
Kimbell Royalty Partners
$16.0018.75%Raymond James
John Freeman
$23 → $19MaintainsStrong BuyGet Alert
03/07/2023KRPBuy Now
Kimbell Royalty Partners
$16.0031.25%Keybanc
Tim Rezvan
→ $21UpgradeSector Weight → OverweightGet Alert
01/26/2023KRPBuy Now
Kimbell Royalty Partners
$16.0043.75%Raymond James
John Freeman
$26 → $23MaintainsStrong BuyGet Alert
09/20/2022KRPBuy Now
Kimbell Royalty Partners
$16.00Keybanc
Tim Rezvan
Initiates → Sector WeightGet Alert
08/25/2022KRPBuy Now
Kimbell Royalty Partners
$16.0050%Citigroup
Paul Diamond
→ $24Initiates → BuyGet Alert
07/26/2022KRPBuy Now
Kimbell Royalty Partners
$16.0062.5%Raymond James
John Freeman
$25 → $26MaintainsStrong BuyGet Alert
05/02/2022KRPBuy Now
Kimbell Royalty Partners
$16.0031.25%Wells Fargo
Nitin Kumar
$19 → $21MaintainsOverweightGet Alert

FAQ

Q

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

A

The latest price target for Kimbell Royalty Partners (NYSE: KRP) was reported by Keybanc on April 22, 2024. The analyst firm set a price target for $21.00 expecting KRP to rise to within 12 months (a possible 31.66% upside). 10 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 April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 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 $20.00 to $21.00. The current price Kimbell Royalty Partners (KRP) is trading at is $15.95, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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