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Aug 15, 2025 2:10 PM - Stuart Mooney
Image credit: Google Images
On August 15, 2025, Mark Lear from Piper Sandler set a price target of $55 for LandBridge Company LLC (NYSE:LB). At the time, the stock was trading at $51.85, indicating a potential increase of about 6.08% to reach the target. This target was a reduction from a previous $70, as highlighted by TheFly, reflecting a more cautious outlook.
LandBridge Company LLC, trading under the symbol "LB," has announced a dual listing of its Class A shares on NYSE Texas, a new electronic equities exchange in Dallas. This strategic move allows LB to maintain its primary listing on the New York Stock Exchange while expanding its trading presence. The dual listing begins on the same day as the price target announcement, August 15, 2025.
Currently, LB's stock on the NYSE is priced at $51.46, showing a decrease of 4.06% today, with a drop of $2.18. The stock's trading range for the day has been between $51.25 and $52.93. Over the past year, LB has seen a high of $87.60 and a low of $32.28, indicating significant volatility in its stock price.
LandBridge's market capitalization is approximately $3.94 billion, with a trading volume of 94,611 shares. This market cap reflects the total value of the company's outstanding shares, providing insight into its size and investor interest. The trading volume indicates the number of shares exchanged, which can affect the stock's liquidity and price stability.
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