Kelt Exploration Ltd. (TSE:KEL) had its price objective hoisted by TD Securities from C$8.50 to C$9.00 in a research note published on Friday. They currently have a buy rating on the oil and gas exploration company’s stock.
Several other equities analysts have also recently weighed in on KEL. Raymond James Financial, Inc. lifted their price objective on Kelt Exploration from C$9.25 to C$9.75 and gave the company a strong-buy rating in a report on Friday. Eight Capital reiterated a buy rating and set a C$10.00 price objective on shares of Kelt Exploration in a report on Wednesday, September 27th. National Bank Financial lifted their price objective on Kelt Exploration from C$7.00 to C$8.75 and gave the company an outperform rating in a report on Wednesday, October 11th. Finally, Scotiabank cut their price objective on Kelt Exploration from C$10.00 to C$9.25 and set an outperform rating on the stock in a report on Friday. One analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of C$8.65.
Kelt Exploration (TSE:KEL) opened at C$7.27 on Friday. Kelt Exploration has a 1-year low of C$5.43 and a 1-year high of C$7.70.
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Kelt Exploration Company Profile
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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