BKV (NYSE:BKV) Given New $30.00 Price Target at Truist Financial

BKV (NYSE:BKV) had its target price hoisted by equities research analysts at Truist Financial from $25.00 to $30.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective indicates a potential upside of 22.95% from the stock’s current price.

A number of other equities analysts also recently commented on the stock. KeyCorp upped their price objective on shares of BKV from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Monday. Evercore ISI assumed coverage on shares of BKV in a research report on Monday, October 21st. They set an “outperform” rating and a $24.00 price objective for the company. Barclays assumed coverage on shares of BKV in a research note on Monday, October 21st. They set an “overweight” rating and a $24.00 price target on the stock. Mizuho upped their price target on shares of BKV from $29.00 to $33.00 and gave the stock an “outperform” rating in a research note on Monday, December 16th. Finally, Citigroup assumed coverage on shares of BKV in a research note on Monday, October 21st. They set a “buy” rating and a $29.00 price target on the stock. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, BKV presently has a consensus rating of “Buy” and a consensus target price of $27.50.

BKV Stock Up 2.0 %

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

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.