BKV (NYSE:BKV) Given New $25.00 Price Target at KeyCorp

BKV (NYSE:BKV) had its target price lifted by KeyCorp from $23.00 to $25.00 in a research report released on Monday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other analysts have also recently commented on BKV. Mizuho lifted their price objective on BKV from $29.00 to $33.00 and gave the stock an “outperform” rating in a research report on Monday, December 16th. Citigroup began coverage on shares of BKV in a report on Monday, October 21st. They set a “buy” rating and a $29.00 price target for the company. Barclays initiated coverage on shares of BKV in a research note on Monday, October 21st. They set an “overweight” rating and a $24.00 price objective on the stock. Truist Financial lifted their target price on shares of BKV from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Evercore ISI began coverage on BKV in a research note on Monday, October 21st. They set an “outperform” rating and a $24.00 price target on the stock. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, BKV has an average rating of “Buy” and a consensus price target of $26.63.

BKV Stock Up 1.3 %

BKV stock opened at $21.97 on Monday. BKV has a fifty-two week low of $17.39 and a fifty-two week high of $24.03. The business’s fifty day moving average is $20.44.

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 shares were purchased at an average cost of $18.00 per share, with a total value of $45,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,483,054 shares in the company, valued at approximately $26,694,972. This represents a 0.17 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO John T. Jimenez acquired 16,500 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were acquired at an average price of $18.00 per share, with a total value of $297,000.00. Following the completion of the purchase, the chief financial officer now owns 273,274 shares of the company’s stock, valued at $4,918,932. This trade represents a 6.43 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 21,850 shares of company stock worth $393,300 in the last quarter.

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.