Raymond James analyst John Freeman reiterated a Buy rating on Black Stone Minerals (NYSE:BSM) on Wednesday, setting a price target of $13, which is approximately 41.46% above the present share price of $9.19.
Freeman expects Black Stone Minerals to post earnings per share (EPS) of $0.09 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Black Stone Minerals, with an average price target of $10.
The analysts price targets range from a high of $13 to a low of $9.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $64.83 million and a net profit of $22.27 million. The company's market cap is $1.9 billion.
According to TipRanks.com, Raymond James analyst John Freeman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.9% and a 34.84% success rate.
Black Stone Minerals LP is an exploration company. The firm engages in the exploration of oil and natural gas minerals. It focuses in the operation of Louisiana-Mississippi Salt Basins, Western Gulf, Permian Basin, Palo Duro Basin, East Texas Basin, Anadarko Basin, Appalachian Basin, Arkoma Basin, Bend Arch-Fort Worth, and Southwestern Wyoming. The company was founded in 1876 and is headquartered in Houston, TX.