Truist Financial Boosts BKV (NYSE:BKV) Price Target to $30.00

BKV (NYSE:BKV) had its price objective hoisted by equities research analysts at Truist Financial from $25.00 to $30.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective suggests a potential upside of 24.38% from the stock’s previous close.

A number of other equities research analysts have also weighed in on BKV. 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. KeyCorp boosted their price target on shares of BKV from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday. Evercore ISI started coverage on BKV in a research report on Monday, October 21st. They set an “outperform” rating and a $24.00 price objective for the company. Jefferies Financial Group started coverage on BKV in a research note on Monday, October 21st. They set a “buy” rating and a $28.00 price objective for the company. Finally, Barclays initiated coverage on shares of BKV in a report on Monday, October 21st. They issued an “overweight” rating and a $24.00 price objective for the company. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $27.50.

BKV Trading Up 1.0 %

NYSE BKV opened at $24.12 on Monday. The company’s 50-day moving average price is $22.03. BKV has a twelve month low of $17.39 and a twelve month high of $24.93.

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.