BKV (NYSE:BKV) Price Target Raised to $25.00 at Susquehanna

BKV (NYSE:BKV - Free Report) had its price objective raised by Susquehanna from $24.00 to $25.00 in a research report released on Wednesday,Benzinga reports. The firm currently has a positive rating on the stock.

A number of other equities research analysts have also recently commented on BKV. Truist Financial initiated coverage on BKV in a research note on Friday, October 25th. They issued a "buy" rating and a $24.00 price objective for the company. 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 assumed coverage on BKV in a research note on Monday, October 21st. They issued an "outperform" rating and a $29.00 price objective for the company. Evercore ISI assumed coverage on BKV in a research report on Monday, October 21st. They issued an "outperform" rating and a $24.00 price target for the company. Finally, Citigroup assumed coverage on shares of BKV in a report on Monday, October 21st. They issued a "buy" rating and a $29.00 target price for the company. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, BKV has an average rating of "Buy" and a consensus price target of $25.75.

BKV Stock Performance

BKV traded down $0.21 during midday trading on Wednesday, reaching $20.49. 145,422 shares of the company were exchanged, compared to its average volume of 347,074. BKV has a one year low of $17.39 and a one year high of $21.15.

Insider Buying and Selling at BKV

In other news, insider Mary Rita Valois purchased 2,000 shares of the business's stock in a transaction on Friday, September 27th. The stock was acquired at an average price of $18.00 per share, for a total transaction of $36,000.00. Following the acquisition, the insider now directly owns 15,333 shares of the company's stock, valued at $275,994. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other BKV news, CEO Christopher P. Kalnin purchased 2,500 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of $18.00 per share, with a total value of $45,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,483,054 shares of the company's stock, valued at $26,694,972. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mary Rita Valois acquired 2,000 shares of BKV stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average price of $18.00 per share, with a total value of $36,000.00. Following the purchase, the insider now directly owns 15,333 shares of the company's stock, valued at approximately $275,994. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 21,850 shares of company stock valued at $393,300 in the last three months.

About BKV

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.