BKV (NYSE:BKV) Earns Buy Rating from Analysts at Jefferies Financial Group

Jefferies Financial Group started coverage on shares of BKV (NYSE:BKV) in a research note released on Monday morning, MarketBeat.com reports. The firm issued a buy rating and a $28.00 price objective on the stock.

Separately, Barclays assumed coverage on BKV in a research note on Monday. They set an “overweight” rating and a $24.00 price objective on the stock. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $25.86.

BKV Price Performance

BKV stock opened at $18.13 on Monday. BKV has a 1 year low of $17.90 and a 1 year high of $18.88.

Insider Buying and Selling

In other BKV news, CFO John T. Jimenez purchased 16,500 shares of the 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 $297,000.00. Following the acquisition, the chief financial officer now directly owns 273,274 shares of the company’s stock, valued at $4,918,932. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. In related news, CEO Christopher P. Kalnin purchased 2,500 shares of the business’s stock in a transaction on Friday, September 27th. The shares were bought at an average price of $18.00 per share, with a total value of $45,000.00. Following the completion of the purchase, the chief executive officer now directly owns 1,483,054 shares in the company, valued at approximately $26,694,972. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO John T. Jimenez purchased 16,500 shares of the firm’s 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 $297,000.00. Following the acquisition, the chief financial officer now owns 273,274 shares in the company, valued at $4,918,932. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 21,850 shares of company stock worth $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.