BKV (NYSE:BKV) Research Coverage Started at Evercore ISI

Evercore ISI began coverage on shares of BKV (NYSE:BKV) in a research report sent to investors on Monday morning, MarketBeat reports. The firm issued an outperform rating and a $24.00 target price on the stock.

Several other research analysts have also issued reports on the company. Barclays initiated coverage on BKV in a research report on Monday. They set an “overweight” rating and a $24.00 target price for the company. KeyCorp initiated coverage on BKV in a research report on Monday. They set an “overweight” rating and a $23.00 target price for the company. Jefferies Financial Group initiated coverage on BKV in a report on Monday. They set a “buy” rating and a $28.00 price target for the company. Finally, Mizuho initiated coverage on BKV in a report on Monday. They set an “outperform” rating and a $29.00 price target for the company. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $25.86.

BKV Stock Down 0.3 %

Shares of BKV opened at $18.18 on Monday. BKV has a 52 week low of $17.90 and a 52 week high of $18.88.

Insiders Place Their Bets

In other news, CEO Christopher P. Kalnin bought 2,500 shares of BKV stock in a transaction dated Friday, September 27th. The stock was bought at an average cost of $18.00 per share, for a total transaction of $45,000.00. Following the purchase, the chief executive officer now directly owns 1,483,054 shares in the company, valued at approximately $26,694,972. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Mary Rita Valois bought 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was acquired at an average cost of $18.00 per share, with a total value of $36,000.00. Following the transaction, the insider now directly owns 15,333 shares of the company’s stock, valued at approximately $275,994. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Christopher P. Kalnin bought 2,500 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of $18.00 per share, with a total value of $45,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,483,054 shares in the company, valued at $26,694,972. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders 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.