RBC Capital analyst T J Schultz maintained a Hold rating on Black Stone Minerals (NYSE:BSM) on Wednesday, setting a price target of $16, which is approximately 59.05% above the present share price of $10.06.
J Schultz expects Black Stone Minerals to post earnings per share (EPS) of $0.05 for the fourth 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 $14.56.
The analysts price targets range from a high of $16 to a low of $12.25.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $59.83 million and a net profit of $14.67 million. The company's market cap is $2.1 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 17.5% and a 65.58% 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.