Falcon Minerals (FLMN) Receives a Hold from RBC Capital

RBC Capital analyst T J Schultz maintained a Hold rating on Falcon Minerals (FLMN) on March 5 and set a price target of $5.00. The company’s shares closed last Friday at $4.64.

According to TipRanks.com, Schultz is a 5-star analyst with an average return of 17.5% and a 67.0% success rate. Schultz covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Oasis Midstream Partners, and Equitrans Midstream.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Falcon Minerals with a $5.06 average price target, which is a 13.5% upside from current levels. In a report issued on March 5, Credit Suisse also maintained a Hold rating on the stock with a $5.00 price target.

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The company has a one-year high of $4.40 and a one-year low of $1.60. Currently, Falcon Minerals has an average volume of 306.5K.

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Falcon Minerals Corp. engages in the provision of oil and gas minerals. It also owns mineral, royalty, and over-riding royalty interests in the Eagle Ford and Austin Chalk in Karnes County, DeWitt County, and Gonzales County Texas. The company was founded on June 13, 2016 and is headquartered in Philadelphia, PA.

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