BKV (NYSE:BKV) Research Coverage Started at Jefferies Financial Group

Jefferies Financial Group initiated coverage on shares of BKV (NYSE:BKV) in a research note issued to investors on Monday, MarketBeat.com reports. The brokerage issued a buy rating and a $28.00 price target on the stock.

Separately, Barclays assumed coverage on shares of BKV in a research note on Monday. They issued an “overweight” rating and a $24.00 target price on the stock. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, BKV has an average rating of “Buy” and an average target price of $25.86.

BKV Trading Down 0.3 %

NYSE:BKV opened at $18.18 on Monday. BKV has a twelve month low of $17.90 and a twelve month high of $18.88.

Insider Buying and Selling at BKV

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