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LandBridge (LB) Stock Forecast & Price Target

$37.75
-0.24 (-0.63%)
(As of 02:51 PM ET)

LandBridge - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for LandBridge in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 2 have given a hold rating, and 6 have given a buy rating for LB.

Consensus Price Target

$34.14
-9.56% Downside
High Forecast$36.00
Average Forecast$34.14
Low Forecast$29.00

According to the 8 analysts' twelve-month price targets for LandBridge, the average price target is $34.14. The highest price target for LB is $36.00, while the lowest price target for LB is $29.00. The average price target represents a forecasted downside of -9.56% from the current price of $37.75.

TypeCurrent Forecast
9/17/23 to 9/16/24
1 Month Ago
8/18/23 to 8/17/24
3 Months Ago
6/19/23 to 6/18/24
1 Year Ago
9/17/22 to 9/17/23
Consensus Rating
Moderate Buy
Moderate Buy
N/AN/A
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A N/A
Buy
6 Buy rating(s)
6 Buy rating(s)
N/A N/A
Hold
2 Hold rating(s)
2 Hold rating(s)
N/A N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
N/A N/A
Consensus Price Target$34.14$33.71N/AN/A
Forecasted Upside-9.56% Downside13.58% UpsideN/AN/A

LB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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LandBridge Stock vs. The Competition

TypeLandBridgeOils/Energy CompaniesS&P 500
Consensus Rating Score
2.75
2.60
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-10.13% Downside202.70% Upside8.62% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/12/2024Citigroup
3 of 5 stars
S. Dounis
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Boost TargetNeutral ➝ Neutral$31.00 ➝ $34.00-3.24%
8/9/2024Wells Fargo & Company
3 of 5 stars
R. Read
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Boost TargetOverweight ➝ Overweight$34.00 ➝ $36.00+12.11%
7/25/2024Janney Montgomery Scott
2 of 5 stars
S. Milligan
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Initiated CoverageBuy$36.00+22.08%
7/24/2024Johnson Rice
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C. Meade
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Initiated CoverageBuy$35.00+24.03%
7/23/2024Pickering Energy Partners
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 Initiated CoverageOutperform
7/23/2024Raymond James
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J. Jenkins
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Initiated CoverageOutperform$34.00+15.29%
7/23/2024The Goldman Sachs Group
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J. Mackay
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Initiated CoverageBuy$35.00+18.68%
7/23/2024Barclays
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T. Chen
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Initiated CoverageEqual Weight$29.00-1.66%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:12 PM ET.

LB Forecast - Frequently Asked Questions

What is LandBridge's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for LandBridge is $34.14, with a high forecast of $36.00 and a low forecast of $29.00.

Should I buy or sell LandBridge stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LandBridge in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LB shares.

Does LandBridge's stock price have much upside?

According to analysts, LandBridge's stock has a predicted upside of 11.98% based on their 12-month stock forecasts.

What analysts cover LandBridge?

LandBridge has been rated by research analysts at Barclays, Citigroup, Janney Montgomery Scott, Johnson Rice, Pickering Energy Partners, Raymond James, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like LandBridge more than its competitors?

Analysts like LandBridge more than other "oils/energy" companies. The consensus rating score for LandBridge is 2.75 while the average consensus rating score for "oils/energy" companies is 2.60. Learn more on how LB compares to other companies.


This page (NYSE:LB) was last updated on 9/16/2024 by MarketBeat.com Staff

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