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BKV (NYSE:BKV) Reaches New 1-Year High - Here's Why

BKV logo with Oils/Energy background

BKV Corporation (NYSE:BKV - Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as $24.94 and last traded at $24.54, with a volume of 185638 shares traded. The stock had previously closed at $23.92.

Analyst Ratings Changes

A number of research firms have recently issued reports on BKV. Susquehanna raised their target price on BKV from $24.00 to $25.00 and gave the company a "positive" rating in a report on Wednesday, November 13th. Barclays initiated coverage on shares of BKV in a research note on Monday, October 21st. They set an "overweight" rating and a $24.00 price objective on the stock. Jefferies Financial Group started coverage on shares of BKV in a research note on Monday, October 21st. They issued a "buy" rating and a $28.00 target price for the company. Mizuho boosted 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, KeyCorp upped their price objective on shares of BKV from $23.00 to $25.00 and gave the company an "overweight" rating in a research report on Monday, December 23rd. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $26.63.

Get Our Latest Stock Analysis on BKV

BKV Stock Performance

The business has a fifty day simple moving average of $21.78.

BKV Company Profile

(Get Free Report)

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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