Goldman Sachs analyst John Mackay maintained a Buy rating on LandBridge Company LLC Class A today and set a price target of $66.00. The company’s shares opened today at $57.32.
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Mackay covers the Energy sector, focusing on stocks such as Targa Resources, Antero Midstream, and Williams Co. According to TipRanks, Mackay has an average return of 21.1% and a 63.56% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LandBridge Company LLC Class A with a $64.60 average price target.
Based on LandBridge Company LLC Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $47.53 million and a net profit of $7.28 million. In comparison, last year the company earned a revenue of $19.01 million and had a net profit of $10.78 million
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