RBC Capital Reaffirms Their Hold Rating on Black Stone Minerals (BSM)

RBC Capital analyst T J Schultz maintained a Hold rating on Black Stone Minerals (BSMResearch Report) on July 1 and set a price target of $19.00. The company’s shares closed last Friday at $14.24.

According to, Schultz is a top 100 analyst with an average return of 17.7% and a 66.2% success rate. Schultz covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Equitrans Midstream, and Rattler Midstream.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Black Stone Minerals with a $19.33 average price target.

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Black Stone Minerals’ market cap is currently $2.98B and has a P/E ratio of 23.03.

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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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