Analysts Set BKV Corporation (NYSE:BKV) Price Target at $26.63

BKV Corporation (NYSE:BKV) has received an average rating of “Buy” from the eight analysts that are currently covering the company, Marketbeat reports. Eight equities research analysts have rated the stock with a buy rating. The average 12 month price target among analysts that have covered the stock in the last year is $26.63.

A number of research analysts recently weighed in on the stock. Truist Financial raised their target price on shares of BKV from $24.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Mizuho boosted their target price 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 initiated coverage on shares of BKV in a research report on Monday, October 21st. They set a “buy” rating and a $29.00 target price on the stock. Susquehanna lifted their price target on BKV from $24.00 to $25.00 and gave the stock a “positive” rating in a research report on Wednesday, November 13th. Finally, Evercore ISI started coverage on BKV in a research report on Monday, October 21st. They set an “outperform” rating and a $24.00 price objective on the stock.

BKV Price Performance

NYSE BKV opened at $24.40 on Friday. BKV has a 1-year low of $17.39 and a 1-year high of $24.94. The company’s 50 day moving average price is $21.78.

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.