Kelt Exploration (TSE:KEL – Get Free Report) had its price objective boosted by stock analysts at National Bankshares from C$7.50 to C$9.00 in a research note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the oil and gas exploration company’s stock. National Bankshares’ price target indicates a potential upside of 48.76% from the company’s current price.
KEL has been the topic of a number of other reports. CIBC dropped their target price on shares of Kelt Exploration from C$9.00 to C$8.00 and set an “outperform” rating on the stock in a report on Tuesday, January 16th. ATB Capital reduced their target price on Kelt Exploration from C$9.00 to C$8.50 and set an “outperform” rating for the company in a research note on Wednesday, March 20th. TD Securities upgraded Kelt Exploration from a “hold” rating to a “buy” rating and increased their price target for the company from C$7.50 to C$8.00 in a research note on Wednesday, March 20th. BMO Capital Markets set a C$8.50 price target on Kelt Exploration and gave the company an “outperform” rating in a report on Tuesday, April 9th. Finally, Raymond James dropped their price objective on shares of Kelt Exploration from C$9.00 to C$8.50 and set an “outperform” rating on the stock in a research report on Friday, January 19th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$8.57.
Read Our Latest Stock Report on Kelt Exploration
Kelt Exploration Stock Up 1.2 %
Kelt Exploration (TSE:KEL – Get Free Report) last posted its quarterly earnings results on Friday, March 8th. The oil and gas exploration company reported C$0.12 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.10 by C$0.02. The firm had revenue of C$129.00 million during the quarter. Kelt Exploration had a return on equity of 9.03% and a net margin of 19.70%. On average, equities analysts expect that Kelt Exploration will post 0.4800307 EPS for the current year.
Insider Buying and Selling at Kelt Exploration
In other news, Senior Officer Alan G. Franks sold 15,000 shares of Kelt Exploration stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$5.92, for a total transaction of C$88,800.00. In other Kelt Exploration news, Senior Officer Alan G. Franks sold 15,000 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of C$5.92, for a total transaction of C$88,800.00. Also, Senior Officer Bruce Douglas Gigg sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of C$6.12, for a total transaction of C$183,600.00. Insiders have sold a total of 115,226 shares of company stock valued at $696,932 in the last ninety days. 15.94% of the stock is currently owned by corporate insiders.
Kelt Exploration Company Profile
Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids primarily to third party. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.
Featured Articles
- Five stocks we like better than Kelt Exploration
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Comprehensive Analysis of PayPal Stock
- P/E Ratio Calculation: How to Assess Stocks
- Intuitive Surgical Stock Can Trend Much Higher This YearÂ
- Airline Stocks – Top Airline Stocks to Buy Now
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for Kelt Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kelt Exploration and related companies with MarketBeat.com's FREE daily email newsletter.