Piper Jaffray analyst Kashy Harrison reiterated a Buy rating on Viper Energy (VNOM) on November 15 and set a price target of $44. The company’s shares opened today at $31.55.
According to TipRanks.com, Harrison is a 1-star analyst with an average return of -4.3% and a 35.0% success rate. Harrison covers the Basic Materials sector, focusing on stocks such as Sanchez Energy Corporation, Continental Resources, and Gulfport Energy Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viper Energy with a $46 average price target.
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The company has a one-year high of $44 and a one-year low of $19.06. Currently, Viper Energy has an average volume of 699.1K.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is neutral on the stock.
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Viper Energy Partners LP engages in the acquisition of oil and natural gas properties. It owns, acquires and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.
