BKV Corporation (NYSE:BKV - Get Free Report) has received an average rating of "Buy" from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $28.00.
Several equities analysts recently weighed in on the stock. KeyCorp cut their price objective on shares of BKV from $27.00 to $25.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 4th. Barclays raised their price target on shares of BKV from $24.00 to $30.00 and gave the company an "overweight" rating in a report on Thursday, January 30th. Mizuho upped their price objective on shares of BKV from $29.00 to $33.00 and gave the stock an "outperform" rating in a report on Monday, December 16th. Finally, Truist Financial cut their target price on BKV from $31.00 to $30.00 and set a "buy" rating on the stock in a report on Monday, March 17th.
Get Our Latest Report on BKV
BKV Trading Down 1.4 %
Shares of NYSE BKV traded down $0.30 during mid-day trading on Thursday, reaching $20.78. The company had a trading volume of 210,682 shares, compared to its average volume of 465,285. BKV has a twelve month low of $17.39 and a twelve month high of $26.78. The stock has a 50 day simple moving average of $22.73.
BKV (NYSE:BKV - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.11. The firm had revenue of $119.78 million during the quarter, compared to analyst estimates of $183.77 million. As a group, analysts predict that BKV will post -1.82 EPS for the current year.
Institutional Investors Weigh In On BKV
Several hedge funds and other institutional investors have recently made changes to their positions in BKV. SG Americas Securities LLC bought a new stake in BKV during the 4th quarter valued at approximately $157,000. California State Teachers Retirement System acquired a new position in shares of BKV during the fourth quarter worth approximately $26,000. Driehaus Capital Management LLC bought a new stake in shares of BKV in the fourth quarter valued at approximately $9,553,000. Geode Capital Management LLC bought a new stake in shares of BKV in the fourth quarter valued at approximately $7,728,000. Finally, Corebridge Financial Inc. acquired a new stake in shares of BKV in the fourth quarter worth $170,000.
About BKV
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Get Free ReportBKV 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.
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