Analysts’ Opinions Are Mixed on These Materials Stocks: Viper Energy (NASDAQ: VNOM) and Natural Resource PRN (NYSE: NRP)

By Austin Angelo

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Viper Energy (NASDAQ: VNOM) and Natural Resource PRN (NYSE: NRP).

Viper Energy (NASDAQ: VNOM)

Stifel Nicolaus analyst Selman Akyol reiterated a Buy rating on Viper Energy (NASDAQ: VNOM) yesterday and set a price target of $20. The company’s shares opened today at $15.95.

According to TipRanks.com, Akyol is a 3-star analyst with an average return of 1.4% and a 50.2% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Vanguard Natural Resources LLC, Energy Transfer Partners LP, and Penntex Midstream Partners.

Viper Energy has an analyst consensus of Strong Buy, with a price target consensus of $20.60.

Natural Resource PRN (NYSE: NRP)

In a report issued on June 28, Paul Forward from Stifel Nicolaus reiterated a Hold rating on Natural Resource PRN (NYSE: NRP), with a price target of $36. The company’s shares opened today at $27.60.

According to TipRanks.com, Forward is ranked 0 out of 5 stars with an average return of -16.7% and a 22.6% success rate. Forward covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, Cloud Peak Energy Inc, and Peabody Energy Corp.

Natural Resource PRN has an analyst consensus of Hold, with a price target consensus of $36.

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