BKV (NYSE:BKV) Price Target Raised to $33.00

BKV (NYSE:BKV) had its price target boosted by Mizuho from $29.00 to $33.00 in a report issued on Monday morning,Benzinga reports. Mizuho currently has an outperform rating on the stock.

Other analysts have also issued research reports about the company. Citigroup started coverage on BKV in a report on Monday, October 21st. They issued a “buy” rating and a $29.00 target price on the stock. Susquehanna upped their target price on shares of BKV from $24.00 to $25.00 and gave the company a “positive” rating in a research note on Wednesday, November 13th. Evercore ISI began 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. Barclays assumed coverage on shares of BKV in a report on Monday, October 21st. They set an “overweight” rating and a $24.00 price objective on the stock. Finally, Truist Financial lifted their target price on BKV from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $26.38.

BKV Trading Down 4.2 %

Shares of BKV opened at $22.13 on Monday. BKV has a one year low of $17.39 and a one year high of $24.03. The stock has a fifty day moving average price of $20.13.

Insider Activity

In related news, CEO Christopher P. Kalnin bought 2,500 shares of the company’s stock in a transaction dated Friday, September 27th. The stock was acquired at an average cost of $18.00 per share, with a total value of $45,000.00. Following the acquisition, the chief executive officer now owns 1,483,054 shares in the company, valued at approximately $26,694,972. This represents a 0.17 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Mary Rita Valois bought 2,000 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were bought at an average price of $18.00 per share, with a total value of $36,000.00. Following the transaction, the insider now directly owns 15,333 shares in the company, valued at $275,994. This trade represents a 15.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 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.