BKV Corporation (NYSE:BKV) Receives $26.63 Consensus Target Price from Brokerages

BKV Corporation (NYSE:BKV) has earned an average rating of “Buy” from the eight analysts that are covering the stock, Marketbeat reports. Eight investment analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have covered the stock in the last year is $26.63.

A number of research analysts recently commented on the stock. Truist Financial boosted their price objective on shares of BKV from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Citigroup began coverage on shares of BKV in a report on Monday, October 21st. They set a “buy” rating and a $29.00 price target on the stock. Barclays initiated coverage on BKV in a report on Monday, October 21st. They set an “overweight” rating and a $24.00 price objective for the company. Evercore ISI began coverage on BKV in a research note on Monday, October 21st. They issued an “outperform” rating and a $24.00 target price on the stock. Finally, Mizuho raised their price target on BKV from $29.00 to $33.00 and gave the stock an “outperform” rating in a research note on Monday, December 16th.

BKV Stock Performance

NYSE:BKV opened at $23.79 on Friday. BKV has a fifty-two week low of $17.39 and a fifty-two week high of $24.32. The firm’s 50-day simple moving average is $21.55.

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.