Analysts Set BKV Corporation (NYSE:BKV) Target Price at $27.50

BKV Corporation (NYSE:BKV - Get Free Report) has received an average recommendation of "Buy" from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $28.25.

Several analysts recently issued reports on BKV shares. Jefferies Financial Group started coverage on BKV in a report on Monday, October 21st. They issued a "buy" rating and a $28.00 price objective on the stock. Citigroup assumed coverage on BKV in a research note on Monday, October 21st. They set a "buy" rating and a $29.00 target price for the company. Truist Financial increased their price target on BKV from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Monday, January 13th. Susquehanna upped their price objective on BKV from $24.00 to $25.00 and gave the company a "positive" rating in a research note on Wednesday, November 13th. Finally, KeyCorp boosted their price objective on shares of BKV from $25.00 to $27.00 and gave the stock an "overweight" rating in a research note on Monday, January 13th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in BKV stock. SG Americas Securities LLC acquired a new position in BKV Corporation (NYSE:BKV - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,593 shares of the company's stock, valued at approximately $157,000.

BKV Price Performance

BKV stock traded down $0.45 during trading hours on Wednesday, reaching $24.47. The stock had a trading volume of 283,286 shares, compared to its average volume of 468,550. The company's 50-day moving average is $23.30. BKV has a fifty-two week low of $17.39 and a fifty-two week high of $26.78.

BKV (NYSE:BKV - Get Free Report) last posted its earnings results on Tuesday, November 12th. The company reported ($0.27) earnings per share for the quarter, topping analysts' consensus estimates of ($0.32) by $0.05. The business had revenue of $173.09 million for the quarter, compared to analyst estimates of $173.67 million. As a group, equities research analysts anticipate that BKV will post -1.77 EPS for the current fiscal year.

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.