BKV (NYSE:BKV) Sets New 52-Week High – Here’s What Happened

BKV Corporation (NYSE:BKV)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $24.94 and last traded at $24.54, with a volume of 185638 shares changing hands. The stock had previously closed at $23.92.

Analyst Ratings Changes

BKV has been the subject of several recent research reports. Truist Financial boosted their price target on shares of BKV from $24.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Citigroup initiated coverage on shares of BKV in a report on Monday, October 21st. They issued a “buy” rating and a $29.00 price target for the company. Evercore ISI initiated coverage on shares of BKV in a report on Monday, October 21st. They issued an “outperform” rating and a $24.00 price target for the company. KeyCorp boosted their price target on shares of BKV from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Finally, Jefferies Financial Group began coverage on shares of BKV in a report on Monday, October 21st. They issued a “buy” rating and a $28.00 price target for the company. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $26.63.

BKV Trading Up 2.0 %

The firm has a 50 day moving average of $21.91.

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.