Viper Energy Partners (NASDAQ:VNOM) Target Raised by UBS Group AG to $16.00

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Viper Energy Partners stock has undergone multiple analysts rating changes in the recent past.  Viper Energy Partners stock Target Raised by   UBS Group AG on 6/29/2020. In a note to investors, the firm issued a new target price of $16.00. The analysts previously had $15.00 target price. UBS Group AG’s price target would indicate a potential upside of 54.44% from the stock’s previous close.

Shares of Viper Energy Partners traded up $0.21 on Monday, reaching $10.45. 0 shares of the stock traded hands, compared to its average volume of 1208610. Shares of were trading at $10.45 on Monday. The firm’s 50 day moving average is $$10.04 and its 200 day moving average is $18.40.Viper Energy Partners  has a 12 month low of $10.10 and a 12 month high of $33.10. While on yearly highs and lows, Viper Energy Partners today has traded high as $10.63 and has touched $10.10 on the downward trend.

Viper Energy Partners Earnings and What to expect: 

Viper Energy Partners last released its earnings results on May 4th, 2020. The oil and gas producer reported $0.21 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.27. The firm earned $78.69 million during the quarter, compared to analysts’ expectations of $75.26 million. Viper Energy Partners has generated $0.13 earnings per share over the last year. Viper Energy Partners has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.30%
  • On 6/19/2020 President Hof Matthew Kaes Van’t Buy 2,000 at average share price of $11.27 which equates to $22,540.00 in money value.
  • On 12/16/2019 President Hof Matthew Kaes Van’t Sell 2,500 at average price of  $24.85 with total value of : Not Data Available
  • On 5/7/2019 President Hof Matthew Kaes Van’t Sell 2,500 at average price of  $31.65 with total value of : $79,125.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Viper Energy Partners

  • 6/19/2020 – Viper Energy Partners was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/12/2020 – Viper Energy Partners had its price target raised by analysts at KeyCorp from $10.00 to $13.00. They now have an “overweight” rating on the stock.
  • 6/10/2020 – Viper Energy Partners was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 5/14/2020 – Viper Energy Partners was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • See More Analyst Rating at: RATING

Other rating updates by UBS Group AG: 

  • 6/29/2020 – Suncor Energy had its price target raised by analysts at UBS Group AG from $24.50 to $42.00. They now have a “buy” rating on the stock.
  • 6/29/2020 – Media General had its price target raised by analysts at UBS Group AG to $4.00. They now have a “neutral” rating on the stock.
  • 6/29/2020 – Cenovus Energy had its price target raised by analysts at UBS Group AG from $2.70 to $6.00. They now have a “neutral” rating on the stock.
  • 6/29/2020 – Canadian Natural Resources had its price target raised by analysts at UBS Group AG from $28.00 to $37.00. They now have a “buy” rating on the stock.
  • See More Analyst Rating at: RATING

Viper Energy Partners (NASDAQ:VNOM) Moving Average Technical Analysis

5 day Moving Average is $$10.65 And 5 day price change is -$0.94 (-8.25%)  with average volume for 5 day average is 728,300. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $11.57 and 20 day price change is -$0.10 (-0.95%) and average 20 day moving volume is 1,088,765. 50 day moving average is $10.04  and 50 day price change is $3.25 ( 45.14%)  and with average volume for 50 days is : 1,339,490. 200 day moving average is $18.40  and 200 day price change is -$19.18 (-64.73%)  and with average volume for 200 days is : 934,212.

See More Analyst Rating at: RATING