In a report released today, Betty Jiang from Barclays maintained a Buy rating on Viper Energy, with a price target of $57.00. The company’s shares closed yesterday at $38.90.
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According to TipRanks, Jiang is an analyst with an average return of -2.5% and a 41.30% success rate. Jiang covers the Energy sector, focusing on stocks such as EOG Resources, Chevron, and Conocophillips.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viper Energy with a $51.38 average price target, representing a 32.08% upside. In a report released yesterday, Evercore ISI also maintained a Buy rating on the stock with a $51.00 price target.
VNOM market cap is currently $12.71B and has a P/E ratio of 11.28.
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