Kelt Exploration (TSE:KEL – Free Report) had its price target lifted by ATB Capital from C$9.00 to C$9.50 in a research note published on Friday, BayStreet.CA reports.
Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus increased their price target on shares of Kelt Exploration from C$9.00 to C$9.50 in a report on Monday, October 16th. CIBC increased their price target on shares of Kelt Exploration from C$8.75 to C$9.00 and gave the company an outperform rating in a report on Monday, October 16th. National Bankshares increased their price target on shares of Kelt Exploration from C$8.25 to C$9.50 and gave the company an outperform rating in a report on Thursday, October 12th. BMO Capital Markets increased their price target on shares of Kelt Exploration from C$8.50 to C$9.50 in a report on Monday, October 16th. Finally, TD Securities downgraded shares of Kelt Exploration from a buy rating to a hold rating and set a C$8.00 price target for the company. in a report on Thursday, September 28th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus target price of C$8.94.
View Our Latest Stock Analysis on KEL
Kelt Exploration Stock Down 1.1 %
Shares of Kelt Exploration stock opened at C$7.11 on Friday. The company has a market cap of C$1.37 billion, a P/E ratio of 11.85 and a beta of 2.14. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.61 and a current ratio of 1.20. Kelt Exploration has a one year low of C$4.29 and a one year high of C$7.50. The firm has a fifty day moving average of C$7.05 and a two-hundred day moving average of C$6.11.
Kelt Exploration (TSE:KEL – Get Free Report) last announced its quarterly earnings data on Thursday, August 3rd. The oil and gas exploration company reported C$0.13 EPS for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.07. The company had revenue of C$110.06 million during the quarter. Kelt Exploration had a net margin of 24.52% and a return on equity of 13.52%. On average, analysts forecast that Kelt Exploration will post 0.7497393 earnings per share for the current year.
Insiders Place Their Bets
In other Kelt Exploration news, Senior Officer Douglas Owen Macarthur sold 30,000 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of C$6.80, for a total transaction of C$204,000.00. 15.96% of the stock is owned by corporate insiders.
Kelt Exploration Company Profile
(Get Free Report)
Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in west central Alberta and northeastern British Columbia, Canada. The company markets its crude oil, natural gas, and natural gas liquids primarily to third party marketing companies.
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