BKV (NYSE:BKV) Coverage Initiated at Mizuho

Equities research analysts at Mizuho began coverage on shares of BKV (NYSE:BKV) in a note issued to investors on Monday, Marketbeat.com reports. The firm set an “outperform” rating and a $29.00 price target on the stock. Mizuho’s price target suggests a potential upside of 57.95% from the stock’s previous close.

BKV has been the subject of several other research reports. KeyCorp assumed coverage on shares of BKV in a research note on Monday. They issued an “overweight” rating and a $23.00 target price for the company. Jefferies Financial Group began coverage on shares of BKV in a research note on Monday. They issued a “buy” rating and a $28.00 price objective for the company. Finally, Barclays began coverage on BKV in a research report on Monday. They issued an “overweight” rating and a $24.00 price objective on the stock. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, BKV currently has an average rating of “Buy” and a consensus target price of $25.86.

BKV Stock Down 0.7 %

NYSE:BKV opened at $18.36 on Monday. BKV has a 52 week low of $17.90 and a 52 week high of $18.88.

Insider Activity

In other news, insider Mary Rita Valois bought 2,000 shares of BKV stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of $18.00 per share, with a total value of $36,000.00. Following the completion of the acquisition, the insider now owns 15,333 shares of the company’s stock, valued at $275,994. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other BKV news, CFO John T. Jimenez bought 16,500 shares of the company’s stock in a transaction on Friday, September 27th. The stock was acquired at an average price of $18.00 per share, for a total transaction of $297,000.00. Following the completion of the transaction, the chief financial officer now directly owns 273,274 shares of the company’s stock, valued at approximately $4,918,932. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mary Rita Valois acquired 2,000 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average price of $18.00 per share, with a total value of $36,000.00. Following the acquisition, the insider now owns 15,333 shares in the company, valued at $275,994. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 21,850 shares of company stock worth $393,300 in the last three months.

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.