Evercore ISI analyst Stephen Richardson reiterated a Buy rating on Viper Energy (NASDAQ:VNOM) on Monday, setting a price target of $24, which is approximately 37.54% above the present share price of $17.45.
Richardson expects Viper Energy to post earnings per share (EPS) of $0.07 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Viper Energy, with an average price target of $23.44.
The analysts price targets range from a high of $26 to a low of $21.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $113.94 million and a net profit of $79.86 million. The company's market cap is $2.7 billion.
According to TipRanks.com, Evercore ISI analyst Stephen Richardson is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -2.9% and a 43.20% success rate.
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.