My current valuation of STR is $25.00/share.
On May 8th Piper Sandler analyst Mark Lear maintained a Buy rating on Sitio Royalties (STR) and set a price target of $28.00. Of the five analysts that have price targets on file with TipRanks, Mark Lear is the only one with a 5-Star rating. The other four have not updated their price target since STR announced Q1 results.
My updated forecast/valuation model for STR has been posted to the EPG website.
Sitio Royalties Corp. (STR) Price Target Update - May 12
Sitio Royalties Corp. (STR) Price Target Update - May 12
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group