BKV Corporation (NYSE:BKV) Receives $26.17 Average Target Price from Brokerages

BKV Corporation (NYSE:BKV) has been given an average rating of “Buy” by the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have covered the stock in the last year is $25.86.

BKV has been the topic of several research reports. Mizuho began coverage on shares of BKV in a research note on Monday. They set an “outperform” rating and a $29.00 price objective on the stock. KeyCorp started coverage on BKV in a research report on Monday. They issued an “overweight” rating and a $23.00 price target on the stock. Barclays began coverage on BKV in a research note on Monday. They issued an “overweight” rating and a $24.00 price target on the stock. Susquehanna started coverage on BKV in a research note on Tuesday. They set a “positive” rating and a $24.00 price objective for the company. Finally, Citigroup began coverage on BKV in a research note on Monday. They issued a “buy” rating and a $29.00 target price on the stock.

Insider Buying and Selling at BKV

In related news, insider Mary Rita Valois bought 2,000 shares of the stock in a transaction on Friday, September 27th. The shares were acquired at an average price of $18.00 per share, for a total transaction of $36,000.00. Following the purchase, the insider now owns 15,333 shares of the company’s stock, valued at approximately $275,994. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Christopher P. Kalnin purchased 2,500 shares of the business’s stock in a transaction on Friday, September 27th. The stock was acquired 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 $26,694,972. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mary Rita Valois acquired 2,000 shares of the stock in a transaction dated Friday, September 27th. The stock was acquired at an average price of $18.00 per share, for a total transaction of $36,000.00. Following the purchase, the insider now directly owns 15,333 shares in the company, valued at approximately $275,994. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 21,850 shares of company stock worth $393,300.

BKV Stock Performance

Shares of BKV stock opened at $18.13 on Monday. BKV has a 12 month low of $17.90 and a 12 month high of $18.88.

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.