$15.90
-0.10[-0.62%]
At close: Apr 18
$15.90
0[0.00%]
After Hours: 9:29AM EDT
Kimbell Royalty Partners
(NYSE:KRP)Kimbell Royalty Partners Stock (NYSE:KRP), Analyst Ratings, Price Targets, Predictions
Kimbell Royalty Partners LP has a consensus price target of $19.4, established from looking at the 32 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, Truist Securities, and Raymond James on April 5, 2024, January 30, 2024, and January 24, 2024. With an average price target of $21 between Truist Securities, Truist Securities, and Raymond James, there's an implied 32.08% upside for Kimbell Royalty Partners LP from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
Raymond James
Keybanc
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/05/2024 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 32.08% | Truist Securities | Neal Dingmann | $22 → $21 | Maintains | Buy | Get Alert |
| 01/30/2024 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 38.36% | Truist Securities | Neal Dingmann | → $22 | Initiates | → Buy | Get Alert |
| 01/24/2024 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 25.79% | Raymond James | John Freeman | $22 → $20 | Maintains | Strong Buy | Get Alert |
| 01/11/2024 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 25.79% | Keybanc | Tim Rezvan | $21 → $20 | Maintains | Overweight | Get Alert |
| 11/27/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 32.08% | Stifel | Derrick Whitfield | $22 → $21 | Maintains | Buy | Get Alert |
| 08/25/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 38.36% | Stifel | Derrick Whitfield | $19 → $22 | Maintains | Buy | Get Alert |
| 08/07/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 38.36% | Raymond James | John Freeman | $20 → $22 | Maintains | Strong Buy | Get Alert |
| 07/07/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 25.79% | Raymond James | John Freeman | $21 → $20 | Maintains | Strong Buy | Get Alert |
| 06/30/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 25.79% | Citigroup | Paul Diamond | → $20 | Reiterates | Buy → Buy | Get Alert |
| 04/14/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 32.08% | Raymond James | John Freeman | $19 → $21 | Maintains | Strong Buy | Get Alert |
| 04/12/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 13.21% | Stifel | Derrick Whitfield | $22 → $18 | Maintains | Buy | Get Alert |
| 03/27/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 19.5% | Raymond James | John Freeman | $23 → $19 | Maintains | Strong Buy | Get Alert |
| 03/07/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 32.08% | Keybanc | Tim Rezvan | → $21 | Upgrade | Sector Weight → Overweight | Get Alert |
| 01/26/2023 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 44.65% | Raymond James | John Freeman | $26 → $23 | Maintains | Strong Buy | Get Alert |
| 09/20/2022 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | — | Keybanc | Tim Rezvan | — | Initiates | → Sector Weight | Get Alert |
| 08/25/2022 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 50.94% | Citigroup | Paul Diamond | → $24 | Initiates | → Buy | Get Alert |
| 07/26/2022 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 63.52% | Raymond James | John Freeman | $25 → $26 | Maintains | Strong Buy | Get Alert |
| 05/02/2022 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 32.08% | Wells Fargo | Nitin Kumar | $19 → $21 | Maintains | Overweight | Get Alert |
| 04/25/2022 | KRP | Buy Now | Kimbell Royalty Partners | $15.90 | 57.23% | Raymond James | John Freeman | $22 → $25 | Maintains | Strong Buy | Get Alert |
FAQ
What is the target price for Kimbell Royalty Partners (KRP)?
The latest price target for Kimbell Royalty Partners (NYSE: KRP) was reported by Truist Securities on April 5, 2024. The analyst firm set a price target for $21.00 expecting KRP to rise to within 12 months (a possible 32.08% upside). 9 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 Truist Securities, and Kimbell Royalty Partners maintained their buy 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 April 5, 2024 so you should expect the next rating to be made available sometime around April 5, 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 maintained with a price target of $22.00 to $21.00. The current price Kimbell Royalty Partners (KRP) is trading at is $15.90, which is out of the analyst’s predicted range.
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