BKV (NYSE:BKV - Free Report) had its target price lifted by Truist Financial from $30.00 to $31.00 in a report issued on Friday morning,Benzinga reports. They currently have a buy rating on the stock.
BKV has been the topic of several other research reports. Barclays boosted their price target on BKV from $24.00 to $30.00 and gave the stock an "overweight" rating in a research report on Thursday, January 30th. Citigroup initiated coverage on shares of BKV in a report on Monday, October 21st. They set a "buy" rating and a $29.00 target price on the stock. Jefferies Financial Group began coverage on shares of BKV in a research report on Monday, October 21st. They issued a "buy" rating and a $28.00 price objective for the company. Susquehanna boosted their price objective on shares of BKV from $24.00 to $25.00 and gave the stock a "positive" rating in a research note on Wednesday, November 13th. Finally, Mizuho raised their target price on shares of BKV from $29.00 to $33.00 and gave the company an "outperform" rating in a research note on Monday, December 16th. 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 a consensus price target of $28.38.
Read Our Latest Stock Analysis on BKV
BKV Price Performance
Shares of NYSE BKV traded up $0.34 during mid-day trading on Friday, hitting $24.00. The company had a trading volume of 314,618 shares, compared to its average volume of 436,488. The company has a 50-day moving average price of $23.82. BKV has a one year low of $17.39 and a one year high of $26.78.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new stake in BKV during the fourth quarter worth approximately $157,000. Corebridge Financial Inc. bought a new position in shares of BKV during the fourth quarter worth approximately $170,000. Bank of New York Mellon Corp acquired a new stake in BKV during the 4th quarter worth approximately $695,000. Geode Capital Management LLC bought a new stake in BKV in the 4th quarter valued at $7,728,000. Finally, Driehaus Capital Management LLC acquired a new position in BKV in the 4th quarter valued at $9,553,000.
About BKV
(
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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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