BKV (NYSE:BKV) Earns Buy Rating from Analysts at Citigroup

Citigroup assumed coverage on shares of BKV (NYSE:BKV) in a report issued on Monday morning, Marketbeat reports. The firm issued a buy rating and a $29.00 price objective on the stock.

BKV has been the topic of several other reports. Evercore ISI began coverage on BKV in a research note on Monday. They set an “outperform” rating and a $24.00 price objective on the stock. Barclays began coverage on shares of BKV in a report on Monday. They issued an “overweight” rating and a $24.00 price target for the company. Jefferies Financial Group initiated coverage on shares of BKV in a research note on Monday. They set a “buy” rating and a $28.00 price objective on the stock. KeyCorp assumed coverage on BKV in a research note on Monday. They issued an “overweight” rating and a $23.00 target price for the company. Finally, Mizuho started coverage on BKV in a research report on Monday. They set an “outperform” rating and a $29.00 price target on the stock. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $25.86.

BKV Price Performance

NYSE:BKV opened at $18.13 on Monday. BKV has a 52 week low of $17.90 and a 52 week high of $18.88.

Insider Buying and Selling at BKV

In other BKV news, CEO Christopher P. Kalnin purchased 2,500 shares of BKV stock in a transaction on Friday, September 27th. The stock was bought at an average price of $18.00 per share, for a total transaction 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. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Mary Rita Valois purchased 2,000 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was purchased at an average cost of $18.00 per share, with a total value of $36,000.00. Following the purchase, the insider now owns 15,333 shares in the company, valued at $275,994. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Christopher P. Kalnin purchased 2,500 shares of the stock in a transaction dated Friday, September 27th. The shares were purchased at an average price of $18.00 per share, for a total transaction of $45,000.00. Following the completion of the transaction, the chief executive officer now owns 1,483,054 shares in the company, valued at $26,694,972. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 21,850 shares of company stock worth $393,300.

BKV Company Profile

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.