BKV (NYSE:BKV) Given New $30.00 Price Target at Truist Financial

BKV (NYSE:BKV) had its price objective lifted by Truist Financial from $25.00 to $30.00 in a report released on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price target would suggest a potential upside of 22.95% from the company’s previous close.

BKV has been the topic of several other research reports. Barclays started coverage on shares of BKV in a report on Monday, October 21st. They issued an “overweight” rating and a $24.00 price target on the stock. Jefferies Financial Group started coverage on shares of BKV in a report on Monday, October 21st. They issued a “buy” rating and a $28.00 price objective for the company. Mizuho lifted 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. Citigroup started coverage on shares of BKV in a report on Monday, October 21st. They issued a “buy” rating and a $29.00 price objective for the company. Finally, KeyCorp upped their price target on shares of BKV from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Monday. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, BKV currently has a consensus rating of “Buy” and a consensus price target of $27.50.

BKV Stock Performance

NYSE BKV opened at $24.40 on Monday. BKV has a one year low of $17.39 and a one year high of $24.94. The firm has a 50 day simple moving average of $21.91.

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.