Wells Fargo & Co began coverage on shares of Brigham Minerals (NYSE:MNRL) in a research report sent to investors on Monday, BenzingaRatingsTable reports. The firm issued an outperform rating and a $24.00 price objective on the stock.
Other analysts also recently issued research reports about the company. Piper Jaffray Companies began coverage on Brigham Minerals in a research report on Monday. They set an overweight rating and a $25.00 price target for the company. Barclays began coverage on Brigham Minerals in a research report on Monday. They set an overweight rating and a $27.00 price target for the company. Eight equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $25.56.
Shares of NYSE MNRL opened at $21.49 on Monday. Brigham Minerals has a 52 week low of $18.61 and a 52 week high of $21.74.
Brigham Minerals Company Profile
Brigham Minerals, Inc owns and operates a portfolio of mineral and royalty interests in the continental United States. The company primarily holds mineral and royalty interests in the Permian Basin in West Texas and New Mexico; the SCOOP/STACK plays in the Anadarko Basin of Oklahoma; the Denver-Julesburg Basin in Colorado; and Wyoming and the Williston Basin in North Dakota.
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