Business
RBC Capital Initiates Coverage on Black Stone Minerals with $16 Price Target
📅 May 29, 2026 04:00 ET
⏱ 1 min
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GazetaDay Editorial
RBC Capital has initiated coverage on Black Stone Minerals with a $16 price target, setting a valuation benchmark for the oil and natural gas mineral rights company.
Coverage Initiation Details
RBC Capital's new coverage assigns a target price of $16 per share for Black Stone Minerals. The initiation provides an independent assessment of the company’s financial outlook and asset base.
Company Background
Black Stone Minerals focuses on owning and managing oil and natural gas mineral interests, primarily in the United States. The $16 target reflects the analyst’s valuation of the firm’s portfolio and future cash flow potential.
Market Context
As of May 29, 2026, the U.S. dollar traded at 71.37 Russian rubles (change: +0.47), while the euro stood at 83.69 rubles (change: +0.97). Bitcoin was priced at $73,354 with no change over the past 24 hours. Crude oil was estimated at approximately $72 per barrel.
Black Stone MineralsRBC Capitalstock ratingprice targetenergyoil and gasinvestment banking