RBC Capital Sticks to Its Buy Rating for Sitio Royalties (STR)

RBC Capital analyst T J Schultz maintained a Buy rating on Sitio Royalties (STRResearch Report) on January 17 and set a price target of $37.00. The company’s shares closed yesterday at $27.50.

According to TipRanks, J Schultz is a top 25 analyst with an average return of 19.8% and a 71.10% success rate. J Schultz covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Archrock, and NGL Energy Partners.

Currently, the analyst consensus on Sitio Royalties is a Strong Buy with an average price target of $35.00.

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The company has a one-year high of $33.65 and a one-year low of $16.59. Currently, Sitio Royalties has an average volume of 540.9K.

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Falcon Minerals Corp. engages in the provision of oil and gas minerals. It also owns mineral, royalty, and over-riding royalty interests in the Eagle Ford and Austin Chalk in Karnes County, DeWitt County, and Gonzales County Texas. The company was founded on June 13, 2016 and is headquartered in Philadelphia, PA.

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