Susquehanna Begins Coverage on BKV (NYSE:BKV)

Susquehanna began coverage on shares of BKV (NYSE:BKV) in a research note issued to investors on Tuesday, Marketbeat reports. The firm issued a positive rating and a $24.00 price target on the stock.

A number of other research firms have also recently commented on BKV. Jefferies Financial Group started coverage on BKV in a report on Monday. They set a “buy” rating and a $28.00 price target on the stock. Barclays started coverage on BKV in a report on Monday. They set an “overweight” rating and a $24.00 price target on the stock. KeyCorp started coverage on BKV in a report on Monday. They set an “overweight” rating and a $23.00 price target on the stock. Citigroup started coverage on BKV in a report on Monday. They set a “buy” rating and a $29.00 price target on the stock. Finally, Mizuho started coverage on BKV in a report on Monday. They set an “outperform” rating and a $29.00 price target on the stock. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, BKV currently has an average rating of “Buy” and a consensus price target of $25.86.

BKV Trading Down 0.7 %

NYSE BKV opened at $18.36 on Tuesday. BKV has a fifty-two week low of $17.90 and a fifty-two week high of $18.88.

Insider Transactions at BKV

In other news, insider Mary Rita Valois bought 2,000 shares of BKV stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of $18.00 per share, with a total value of $36,000.00. Following the completion of the acquisition, the insider now owns 15,333 shares of the company’s stock, valued at $275,994. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Mary Rita Valois purchased 2,000 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average price of $18.00 per share, for a total transaction of $36,000.00. Following the completion of the transaction, the insider now owns 15,333 shares in the company, valued at approximately $275,994. The trade was a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Christopher P. Kalnin purchased 2,500 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average price of $18.00 per share, with a total value of $45,000.00. Following the transaction, the chief executive officer now owns 1,483,054 shares of the company’s stock, valued at $26,694,972. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 21,850 shares of company stock valued at $393,300.

About BKV

BKV Corporation engages in the acquisition, operation, and development of natural gas and NGL properties. It is also involved in the gathering, processing, and transportation of natural gas. The company was founded in 2015 and is based in Denver, Colorado with additional offices in Tunkhannock, Pennsylvania and Fort Worth, Texas.