BKV Corporation (NYSE:BKV) Given Average Rating of “Buy” by Analysts

BKV Corporation (NYSE:BKV) has been assigned an average recommendation of “Buy” from the eight brokerages that are currently covering the company, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $26.63.

A number of equities research analysts have recently issued reports on BKV shares. KeyCorp boosted their price objective on shares of BKV from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Monday, December 23rd. Citigroup started coverage on BKV in a research report on Monday, October 21st. They issued a “buy” rating and a $29.00 price target for the company. Mizuho lifted their price objective on BKV from $29.00 to $33.00 and gave the company an “outperform” rating in a research report on Monday, December 16th. Truist Financial increased their target price on shares of BKV from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Finally, Jefferies Financial Group assumed coverage on shares of BKV in a report on Monday, October 21st. They set a “buy” rating and a $28.00 price target on the stock.

BKV Trading Up 2.0 %

BKV opened at $24.40 on Friday. The business has a 50 day simple moving average of $21.78. BKV has a 12-month low of $17.39 and a 12-month high of $24.94.

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.