BKV (NYSE:BKV) Coverage Initiated by Analysts at Mizuho

Investment analysts at Mizuho initiated coverage on shares of BKV (NYSE:BKV) in a research report issued to clients and investors on Monday, Briefing.com reports. The firm set an “outperform” rating and a $29.00 price target on the stock. Mizuho’s target price would suggest a potential upside of 57.18% from the company’s current price.

BKV has been the subject of a number of other reports. Barclays began coverage on shares of BKV in a research report on Monday. They set an “overweight” rating and a $24.00 price target for the company. KeyCorp started coverage on BKV in a research report on Monday. They set an “overweight” rating and a $23.00 target price on the stock. Finally, Jefferies Financial Group assumed coverage on BKV in a research report on Monday. They issued a “buy” rating and a $28.00 price target for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $25.60.

BKV Stock Performance

BKV opened at $18.45 on Monday. BKV has a 12 month low of $17.90 and a 12 month high of $18.88.

Insider Activity at BKV

In other news, CFO John T. Jimenez purchased 16,500 shares of the stock in a transaction dated Friday, September 27th. The stock was acquired at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 273,274 shares in the company, valued at $4,918,932. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other BKV news, CFO John T. Jimenez purchased 16,500 shares of BKV stock in a transaction on Friday, September 27th. The shares were bought at an average price of $18.00 per share, with a total value of $297,000.00. Following the purchase, the chief financial officer now directly owns 273,274 shares in the company, valued at $4,918,932. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Christopher P. Kalnin acquired 2,500 shares of the firm’s stock in a transaction dated Friday, September 27th. The shares were acquired at an average price of $18.00 per share, for a total transaction of $45,000.00. Following the acquisition, the chief executive officer now directly owns 1,483,054 shares of the company’s stock, valued at approximately $26,694,972. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders bought 21,850 shares of company stock valued at $393,300.

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.