Truist Financial Begins Coverage on BKV (NYSE:BKV)

Truist Financial initiated coverage on shares of BKV (NYSE:BKV) in a report issued on Friday, Marketbeat reports. The brokerage issued a buy rating and a $24.00 target price on the stock.

Other equities research analysts have also recently issued reports about the stock. KeyCorp assumed coverage on shares of BKV in a research report on Monday, October 21st. They issued an “overweight” rating and a $23.00 price target for the company. Citigroup started coverage on shares of BKV in a research report on Monday, October 21st. They issued a “buy” rating and a $29.00 price target for the company. Barclays started coverage on shares of BKV in a research note on Monday, October 21st. They issued an “overweight” rating and a $24.00 price objective on the stock. Jefferies Financial Group started coverage on shares of BKV in a research note on Monday, October 21st. They issued a “buy” rating and a $28.00 price objective on the stock. Finally, Mizuho started coverage on shares of BKV in a research note on Monday, October 21st. They issued an “outperform” rating and a $29.00 price objective on the stock. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, BKV presently has a consensus rating of “Buy” and an average price target of $25.63.

BKV Price Performance

Shares of BKV opened at $17.73 on Friday. BKV has a 1-year low of $17.61 and a 1-year high of $18.88.

Insider Transactions at BKV

In other news, CFO John T. Jimenez purchased 16,500 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the completion of the purchase, the chief financial officer now directly owns 273,274 shares in the company, valued at $4,918,932. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO John T. Jimenez purchased 16,500 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the completion of the purchase, the chief financial officer now directly owns 273,274 shares in the company, valued at $4,918,932. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mary Rita Valois purchased 2,000 shares of the company’s 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 $36,000.00. Following the completion of the purchase, the insider now owns 15,333 shares of the company’s stock, valued at approximately $275,994. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 21,850 shares of company stock worth $393,300 over the last ninety days.

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.