Kelt Exploration Ltd (TSE:KEL) had its price objective upped by TD Securities from C$8.50 to C$9.00 in a research report report published on Friday. TD Securities currently has a buy rating on the oil and gas exploration company’s stock.
Other equities analysts have also recently issued reports about the stock. Scotiabank decreased their target price on shares of Kelt Exploration from C$10.00 to C$9.25 and set an outperform rating for the company in a research note on Friday. Raymond James Financial, Inc. raised their target price on shares of Kelt Exploration from C$9.25 to C$9.75 and gave the company a strong-buy rating in a research note on Friday. National Bank Financial decreased their target price on shares of Kelt Exploration from C$10.00 to C$8.75 and set an outperform rating for the company in a research note on Friday. Finally, Eight Capital reissued a buy rating and issued a C$10.00 target price on shares of Kelt Exploration in a research note on Wednesday, September 27th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of C$8.65.
Kelt Exploration (TSE KEL) traded down C$0.05 during trading hours on Friday, hitting C$7.27. 435,018 shares of the company traded hands, compared to its average volume of 813,965. Kelt Exploration has a twelve month low of C$5.43 and a twelve month high of C$7.70.
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About Kelt Exploration
Kelt Exploration Ltd. is an oil and gas company based in Calgary, Alberta. The Company is focused on the exploration, development and production of crude oil and natural gas resources, primarily in west central Alberta and northeastern British Columbia. The Company’s land holdings are located in Inga/Fireweed/Stoddart, British Columbia; Grande Prairie (including Pouce Coupe, Progress, Spirit River and La Glace), Alberta; Karr, Alberta, and Grande Cache, Alberta.
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