BKV (NYSE:BKV) Given New $27.00 Price Target at KeyCorp

BKV (NYSE:BKV) had its price target hoisted by equities researchers at KeyCorp from $25.00 to $27.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. KeyCorp’s target price would suggest a potential upside of 10.66% from the company’s previous close.

Several other brokerages have also issued reports on BKV. Truist Financial lifted their price target on BKV from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Mizuho lifted their price target on BKV from $29.00 to $33.00 and gave the stock an “outperform” rating in a research note on Monday, December 16th. Jefferies Financial Group initiated coverage on BKV in a research note on Monday, October 21st. They issued a “buy” rating and a $28.00 target price for the company. Citigroup initiated coverage on BKV in a research note on Monday, October 21st. They issued a “buy” rating and a $29.00 target price for the company. Finally, Susquehanna boosted their target price on BKV from $24.00 to $25.00 and gave the company a “positive” rating in a research note on Wednesday, November 13th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $27.50.

BKV Price Performance

Shares of BKV stock opened at $24.40 on Monday. The business’s 50-day moving average price is $21.91. BKV has a 12-month low of $17.39 and a 12-month high of $24.94.

About BKV

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.