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Notice: This company has been marked as potentially delisted and may not be actively trading.

Sitio Royalties (STR) Stock Forecast & Price Target

Sitio Royalties - 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 6 Wall Street analysts who have issued ratings for Sitio Royalties in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a sell rating, and 5 have given a buy rating for STR.

Consensus Price Target

$29.50
36.89% Upside
High Forecast$32.00
Average Forecast$29.50
Low Forecast$27.00

According to the 6 analysts' twelve-month price targets for Sitio Royalties, the average price target is $29.50. The highest price target for STR is $32.00, while the lowest price target for STR is $27.00. The average price target represents a forecasted upside of 36.89% from the current price of $21.55.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$29.50$29.00$29.40$31.50
Forecasted Upside36.89% Upside26.94% Upside24.79% Upside28.09% Upside

STR 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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STR 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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Sitio Royalties Stock vs. The Competition

TypeSitio RoyaltiesOils/Energy CompaniesS&P 500
Consensus Rating Score
2.67
2.59
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside36.89% Upside207.33% Upside7.94% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/4/2024Stephens
4 of 5 stars
M. Scialla
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Initiated CoverageOverweight$32.00+50.80%
8/15/2024Piper Sandler
2 of 5 stars
 Boost TargetOverweight ➝ Overweight$28.00 ➝ $29.00+33.21%
8/12/2024KeyCorp
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$29.00 ➝ $27.00+22.17%
7/22/2024Truist Financial
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 Lower TargetBuy ➝ Buy$33.00 ➝ $31.00+23.11%
5/9/2024Barclays
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 Boost TargetUnderweight ➝ Underweight$26.00 ➝ $27.00+16.83%
1/23/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$33.00 ➝ $31.00+40.46%
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Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:08 PM ET.

STR Forecast - Frequently Asked Questions

What is Sitio Royalties' forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Sitio Royalties is $29.50, with a high forecast of $32.00 and a low forecast of $27.00.

Should I buy or sell Sitio Royalties stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sitio Royalties in the last year. There is currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" STR shares.

Does Sitio Royalties's stock price have much upside?

According to analysts, Sitio Royalties's stock has a predicted upside of 30.68% based on their 12-month stock forecasts.

What analysts cover Sitio Royalties?

Sitio Royalties has been rated by research analysts at KeyCorp, Piper Sandler, Stephens, and Truist Financial in the past 90 days.

Do Wall Street analysts like Sitio Royalties more than its competitors?

Analysts like Sitio Royalties more than other "oils/energy" companies. The consensus rating score for Sitio Royalties is 2.67 while the average consensus rating score for "oils/energy" companies is 2.58. Learn more on how STR compares to other companies.



This page (NYSE:STR) was last updated on 9/19/2024 by MarketBeat.com Staff
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