BKV Corporation (NYSE:BKV) Given Average Recommendation of “Buy” by Analysts

BKV Corporation (NYSE:BKV) has earned an average rating of “Buy” from the eight brokerages that are covering the company, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $26.63.

BKV has been the topic of a number of recent analyst reports. Susquehanna increased their price target on shares of BKV from $24.00 to $25.00 and gave the company a “positive” rating in a report on Wednesday, November 13th. KeyCorp increased their target price on BKV from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Monday, December 23rd. Truist Financial boosted 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. Evercore ISI assumed coverage on BKV in a research report on Monday, October 21st. They set an “outperform” rating and a $24.00 price objective on the stock. Finally, Barclays started coverage on BKV in a research report on Monday, October 21st. They issued an “overweight” rating and a $24.00 target price for the company.

BKV Trading Up 0.8 %

Shares of BKV stock opened at $23.68 on Friday. BKV has a 1 year low of $17.39 and a 1 year high of $24.32. The stock has a 50-day moving average price of $21.33.

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.