Brokerages Set BKV Corporation (NYSE:BKV) Price Target at $28.38

Shares of BKV Corporation (NYSE:BKV) have been given a consensus recommendation of “Buy” by the eight research firms that are covering the firm, Marketbeat Ratings reports. Eight research analysts have rated the stock with a buy rating. The average 12-month target price among brokers that have covered the stock in the last year is $28.38.

A number of equities analysts recently issued reports on the stock. KeyCorp boosted their target price on shares of BKV from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Mizuho boosted their price target on shares of BKV from $29.00 to $33.00 and gave the company an “outperform” rating in a report on Monday, December 16th. Susquehanna boosted their price target on shares of BKV from $24.00 to $25.00 and gave the company a “positive” rating in a report on Wednesday, November 13th. Truist Financial boosted their price target on shares of BKV from $30.00 to $31.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, Barclays boosted their price target on shares of BKV from $24.00 to $30.00 and gave the company an “overweight” rating in a report on Thursday, January 30th.

Institutional Investors Weigh In On BKV

Several large investors have recently made changes to their positions in BKV. SG Americas Securities LLC bought a new stake in shares of BKV in the 4th quarter worth about $157,000. Bank of New York Mellon Corp bought a new stake in shares of BKV in the 4th quarter worth about $695,000. Corebridge Financial Inc. bought a new stake in shares of BKV in the 4th quarter worth about $170,000. Geode Capital Management LLC bought a new stake in shares of BKV in the 4th quarter worth about $7,728,000. Finally, Driehaus Capital Management LLC bought a new stake in shares of BKV in the 4th quarter worth about $9,553,000.

BKV Stock Performance

Shares of BKV stock opened at $22.79 on Friday. BKV has a 1 year low of $17.39 and a 1 year high of $26.78. The business’s fifty day moving average is $23.91.

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.