Wells Fargo analyst Gordon Douthat maintained a Buy rating on Kimbell Royalty Partners Lp (KRP) yesterday. The company’s shares closed last Monday at $14.19.
According to TipRanks.com, Douthat is a 1-star analyst with an average return of -6.2% and a 30.0% success rate. Douthat covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Gulfport Energy Corp, and Black Stone Minerals.
The the analyst consensus on Kimbell Royalty Partners Lp is currently a Moderate Buy rating.
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The company has a one-year high of $20.00 and a one-year low of $13.01. Currently, Kimbell Royalty Partners Lp has an average volume of 52.2K.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KRP in relation to earlier this year.
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Kimbell Royalty Partners LP engages in owning and acquiring mineral and royalty interests in oil and natural gas properties. The company was founded on October 30, 2015 and is headquartered in Fort Worth, TX.
