Truist Financial Issues Positive Forecast for BKV (NYSE:BKV) Stock Price

BKV (NYSE:BKV) had its target price raised by analysts at Truist Financial from $24.00 to $25.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective would indicate a potential upside of 21.95% from the stock’s current price.

BKV has been the topic of a number of other reports. Citigroup initiated coverage on BKV in a research report on Monday, October 21st. They set a “buy” rating and a $29.00 price objective on the stock. Jefferies Financial Group initiated coverage on BKV in a research report on Monday, October 21st. They set a “buy” rating and a $28.00 price objective on the stock. KeyCorp initiated coverage on BKV in a research report on Monday, October 21st. They set an “overweight” rating and a $23.00 price objective on the stock. Mizuho assumed coverage on BKV in a research report on Monday, October 21st. They set an “outperform” rating and a $29.00 price objective on the stock. Finally, Evercore ISI assumed coverage on BKV in a report on Monday, October 21st. They issued an “outperform” rating and a $24.00 price target on the stock. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $25.88.

BKV Stock Down 0.5 %

BKV stock opened at $20.50 on Tuesday. BKV has a 52-week low of $17.39 and a 52-week high of $21.57.

Insiders Place Their Bets

In related news, CEO Christopher P. Kalnin bought 2,500 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, with a total value of $45,000.00. Following the transaction, the chief executive officer now owns 1,483,054 shares in the company, valued at $26,694,972. This trade represents a 0.17 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO John T. Jimenez bought 16,500 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were bought at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the transaction, the chief financial officer now owns 273,274 shares in the company, valued at approximately $4,918,932. The trade was a 6.43 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 21,850 shares of company stock valued at $393,300 in the last quarter.

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.