BKV (NYSE:BKV - Free Report) had its price objective decreased by KeyCorp from $27.00 to $25.00 in a report issued on Tuesday morning,Benzinga reports. KeyCorp currently has an overweight rating on the stock.
Several other research analysts have also commented on the stock. Truist Financial lifted their price target on shares of BKV from $30.00 to $31.00 and gave the company a "buy" rating in a report on Friday, February 14th. Barclays boosted their price objective on BKV from $24.00 to $30.00 and gave the company an "overweight" rating in a research report on Thursday, January 30th. Mizuho increased their target price on BKV from $29.00 to $33.00 and gave the stock an "outperform" rating in a research report on Monday, December 16th. Finally, Susquehanna increased their price objective on shares of BKV from $24.00 to $25.00 and gave the stock a "positive" rating in a report on Wednesday, November 13th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, BKV currently has an average rating of "Buy" and a consensus price target of $28.13.
View Our Latest Research Report on BKV
BKV Price Performance
NYSE BKV traded down $0.27 during trading hours on Tuesday, reaching $18.53. 112,796 shares of the company traded hands, compared to its average volume of 472,654. BKV has a 12 month low of $17.39 and a 12 month high of $26.78. The stock has a 50 day simple moving average of $23.65.
BKV (NYSE:BKV - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.11. The firm had revenue of $119.78 million for the quarter, compared to analyst estimates of $183.77 million. As a group, analysts anticipate that BKV will post -1.82 EPS for the current year.
Hedge Funds Weigh In On BKV
A number of institutional investors and hedge funds have recently bought and sold shares of BKV. Driehaus Capital Management LLC bought a new position in shares of BKV in the fourth quarter valued at approximately $9,553,000. Geode Capital Management LLC bought a new position in BKV during the 4th quarter valued at $7,728,000. Bank of New York Mellon Corp acquired a new position in shares of BKV during the 4th quarter valued at $695,000. Corebridge Financial Inc. bought a new stake in shares of BKV in the 4th quarter worth $170,000. Finally, SG Americas Securities LLC acquired a new stake in shares of BKV in the fourth quarter valued at $157,000.
BKV Company Profile
(
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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.
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