Susquehanna Raises BKV (NYSE:BKV) Price Target to $25.00

BKV (NYSE:BKV) had its price objective increased by Susquehanna from $24.00 to $25.00 in a research note published on Wednesday morning,Benzinga reports. Susquehanna currently has a positive rating on the stock.

BKV has been the subject of a number of other research reports. Truist Financial initiated coverage on BKV in a research report on Friday, October 25th. They set a “buy” rating and a $24.00 price objective for the company. Barclays began coverage on shares of BKV in a research report on Monday, October 21st. They issued an “overweight” rating and a $24.00 price objective for the company. KeyCorp began coverage on shares of BKV in a research report on Monday, October 21st. They set an “overweight” rating and a $23.00 target price on the stock. Jefferies Financial Group began coverage on shares of BKV in a research note on Monday, October 21st. They issued a “buy” rating and a $28.00 target price for the company. Finally, Evercore ISI initiated coverage on BKV in a research note on Monday, October 21st. They set an “outperform” rating and a $24.00 price target on the stock. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $25.75.

BKV Price Performance

Shares of NYSE:BKV opened at $20.49 on Wednesday. BKV has a one year low of $17.39 and a one year high of $21.15.

Insider Buying and Selling at BKV

In related news, CFO John T. Jimenez purchased 16,500 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the acquisition, the chief financial officer now owns 273,274 shares in the company, valued at approximately $4,918,932. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO John T. Jimenez acquired 16,500 shares of the stock in a transaction on Friday, September 27th. The stock was bought at an average price of $18.00 per share, with a total value of $297,000.00. Following the completion of the transaction, the chief financial officer now directly owns 273,274 shares of the company’s stock, valued at $4,918,932. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Mary Rita Valois acquired 2,000 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were purchased at an average price of $18.00 per share, for a total transaction of $36,000.00. Following the purchase, the insider now directly owns 15,333 shares of the company’s stock, valued at approximately $275,994. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 21,850 shares of company stock valued at $393,300 over the last ninety days.

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.