Barclays analyst Betty Jiang maintained a Buy rating on Viper Energy (VNOM – Research Report) today and set a price target of $52.00. The company’s shares closed yesterday at $46.96.
Jiang covers the Energy sector, focusing on stocks such as Devon Energy, Occidental Petroleum, and APA. According to TipRanks, Jiang has an average return of -1.6% and a 40.82% success rate on recommended stocks.
In addition to Barclays, Viper Energy also received a Buy from J.P. Morgan’s Arun Jayaram in a report issued yesterday. However, on September 27, Seaport Global assigned a Hold rating to Viper Energy (NASDAQ: VNOM).
The company has a one-year high of $49.37 and a one-year low of $26.73. Currently, Viper Energy has an average volume of 1.49M.
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Viper Energy (VNOM) Company Description:
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.
Read More on VNOM:
- Viper Energy Expands Portfolio with Strategic Acquisition
- Viper Energy price target raised to $44 from $41 at JPMorgan
- Viper Energy price target lowered to $54 from $55 at Truist
- Viper Energy Expands Assets with Upsized Share Offering
- Viper Energy price target raised to $48 from $46 at TD Securities
