BKV Corporation (NYSE:BKV) Receives Consensus Rating of "Buy" from Brokerages

Shares of BKV Corporation (NYSE:BKV - Get Free Report) have been given a consensus recommendation of "Buy" by the six brokerages that are currently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $26.17.

Several analysts recently weighed in on BKV shares. Barclays assumed coverage on BKV in a report on Monday. They set an "overweight" rating and a $24.00 price target on the stock. Jefferies Financial Group assumed coverage on shares of BKV in a report on Monday. They issued a "buy" rating and a $28.00 target price for the company. Mizuho began coverage on shares of BKV in a report on Monday. They set an "outperform" rating and a $29.00 price target on the stock. KeyCorp started coverage on shares of BKV in a research note on Monday. They issued an "overweight" rating and a $23.00 price objective for the company. Finally, Citigroup assumed coverage on BKV in a research note on Monday. They set a "buy" rating and a $29.00 target price on the stock.

Insider Transactions at BKV

In other news, CFO John T. Jimenez purchased 16,500 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of $18.00 per share, for a total transaction of $297,000.00. Following the completion of the acquisition, the chief financial officer now owns 273,274 shares of the company's stock, valued at approximately $4,918,932. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other BKV news, CEO Christopher P. Kalnin purchased 2,500 shares of the stock in a transaction dated Friday, September 27th. The stock was purchased at an average price of $18.00 per share, with a total value of $45,000.00. Following the transaction, the chief executive officer now owns 1,483,054 shares of the company's stock, valued at approximately $26,694,972. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO John T. Jimenez acquired 16,500 shares of the business's stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the completion of the acquisition, the chief financial officer now owns 273,274 shares of the company's stock, valued at $4,918,932. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 21,850 shares of company stock valued at $393,300.

BKV Price Performance

NYSE BKV traded up $0.04 during trading hours on Monday, hitting $18.49. 287,609 shares of the company were exchanged, compared to its average volume of 484,442. BKV has a 52 week low of $17.90 and a 52 week high of $18.88.

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.