RBC Capital analyst T J Schultz maintained a Buy rating on Viper Energy (NASDAQ:VNOM) on Thursday, setting a price target of $21, which is approximately 19.86% above the present share price of $17.52.
J Schultz expects Viper Energy to post earnings per share (EPS) of -$0.41 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Viper Energy, with an average price target of $19.21.
The analysts price targets range from a high of $21 to a low of $17.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $76.02 million and a net profit of $40.48 million. The company's market cap is $2.73 billion.
According to TipRanks.com, RBC Capital analyst T J Schultz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.3% and a 67.71% 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.