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

BKV (NYSE:BKV) had its price target boosted by equities research analysts at Susquehanna from $24.00 to $25.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “positive” rating on the stock. Susquehanna’s price objective would suggest a potential upside of 20.77% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. Mizuho assumed coverage on BKV in a report on Monday, October 21st. They set an “outperform” rating and a $29.00 price target on the stock. Evercore ISI initiated coverage on BKV in a report on Monday, October 21st. They issued an “outperform” rating and a $24.00 price target on the stock. KeyCorp started coverage on shares of BKV in a report on Monday, October 21st. They set an “overweight” rating and a $23.00 price objective for the company. Barclays started 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. Finally, Truist Financial initiated coverage on BKV in a research report on Friday, October 25th. They set a “buy” rating and a $24.00 price objective for the company. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, BKV presently has a consensus rating of “Buy” and an average target price of $25.75.

BKV Stock Up 0.3 %

BKV opened at $20.70 on Wednesday. BKV has a 1-year low of $17.39 and a 1-year high of $21.15.

Insiders Place Their Bets

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

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.