In a report released today, John Freeman from Raymond James maintained a Buy rating on Black Stone Minerals (BSM – Research Report), with a price target of $20.00. The company’s shares opened today at $16.53.
Freeman covers the Utilities sector, focusing on stocks such as Northern Oil And Gas, APA, and Devon Energy. According to TipRanks, Freeman has an average return of 32.1% and a 60.64% success rate on recommended stocks.
Black Stone Minerals has an analyst consensus of Moderate Buy, with a price target consensus of $19.60.
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BSM market cap is currently $3.43B and has a P/E ratio of 9.06.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is neutral on the stock.
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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.
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