Roth MKM analyst Leo Mariani maintained a Buy rating on Viper Energy (VNOM – Research Report) today and set a price target of $52.00. The company’s shares opened today at $37.50.
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Mariani covers the Energy sector, focusing on stocks such as Occidental Petroleum, Range Resources, and Matador Resources. According to TipRanks, Mariani has an average return of 22.9% and a 54.61% success rate on recommended stocks.
Currently, the analyst consensus on Viper Energy is a Strong Buy with an average price target of $58.22, representing a 55.25% upside. In a report released on April 10, J.P. Morgan also maintained a Buy rating on the stock with a $49.00 price target.
The company has a one-year high of $56.76 and a one-year low of $34.71. Currently, Viper Energy has an average volume of 1.92M.