BKV (NYSE:BKV) Price Target Raised to $30.00 at Truist Financial

BKV (NYSE:BKV - Free Report) had its price target lifted by Truist Financial from $25.00 to $30.00 in a research report released on Monday morning,Benzinga reports. Truist Financial currently has a buy rating on the stock.

A number of other brokerages have also recently issued reports on BKV. Barclays assumed coverage on shares of BKV in a research report on Monday, October 21st. They set an "overweight" rating and a $24.00 target price for the company. Mizuho increased their price objective on shares of BKV from $29.00 to $33.00 and gave the company an "outperform" rating in a report on Monday, December 16th. Citigroup assumed coverage on shares of BKV in a research report on Monday, October 21st. They set a "buy" rating and a $29.00 price target on the stock. KeyCorp lifted their target price on BKV from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Monday. Finally, Jefferies Financial Group initiated coverage on BKV in a research note on Monday, October 21st. They set a "buy" rating and a $28.00 price objective on the stock. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, BKV has a consensus rating of "Buy" and an average price target of $27.50.

BKV Trading Down 2.6 %

Shares of NYSE BKV traded down $0.64 during trading hours on Monday, reaching $23.81. The stock had a trading volume of 635,709 shares, compared to its average volume of 422,857. The stock has a fifty day moving average price of $21.91. BKV has a twelve month low of $17.39 and a twelve month high of $24.93.

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.