Texas Capital Initiates Infinity Natural Resources (INR) With a Buy Rating

Infinity Natural Resources, Inc. (NYSE:INR) has declined slightly by around 5% over the past month. Although the stock is trading close to its all-time low, analysts’ 12-month average price target suggests more than 96% upside from the current level. Infinity Natural Resources, Inc. (NYSE:INR) ranks among our Best All-Time Low Stocks to Buy Now.

​Recently, on June 26, Texas Capital analyst John Annis initiated coverage of the stock with a Buy rating and a $27 price target. The analyst noted Infinity as a differentiated, high-growth Appalachian operator. He likes the company’s accelerating scale and commodity optionality. The analyst also pointed to Infinity’s recent acquisition of Ohio Utica upstream and midstream assets and called it a major transformation for the business.

​Texas Capital also noted that the stock trades at a discount to peers. The firm sees this valuation gap as creating an attractive entry point for investors.

Infinity Natural Resources, Inc. (NYSE:INR) is an independent energy company. It is focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin.

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