BKV Corporation (NYSE:BKV) Receives Average Recommendation of “Buy” from Analysts

BKV Corporation (NYSE:BKV) has earned a consensus recommendation of “Buy” from the eight research firms that are currently covering the company, MarketBeat.com reports. Eight analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $26.63.

A number of equities analysts have recently commented on the company. KeyCorp lifted their price objective on BKV from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Monday, December 23rd. Jefferies Financial Group initiated coverage on BKV in a research report on Monday, October 21st. They issued a “buy” rating and a $28.00 price target on the stock. Evercore ISI started coverage on BKV in a research report on Monday, October 21st. They issued an “outperform” rating and a $24.00 price objective for the company. Susquehanna boosted their target price on shares of BKV from $24.00 to $25.00 and gave the stock a “positive” rating in a research report on Wednesday, November 13th. Finally, Mizuho upped their target price on shares of BKV from $29.00 to $33.00 and gave the company an “outperform” rating in a research note on Monday, December 16th.

BKV Trading Up 1.6 %

NYSE:BKV opened at $23.79 on Friday. BKV has a 1 year low of $17.39 and a 1 year high of $24.32. The firm has a fifty day moving average price of $21.55.

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.