Kelt Exploration Ltd (TSE:KEL) had its target price lifted by investment analysts at Raymond James Financial Inc. from C$6.50 to C$8.00 in a report released on Wednesday. Raymond James Financial Inc.’s target price would suggest a potential upside of 27.19% from the company’s current price.
KEL has been the topic of a number of other research reports. Desjardins set a C$6.50 price objective on Kelt Exploration in a report on Tuesday, June 28th. Royal Bank Of Canada raised their price target on Kelt Exploration from C$5.00 to C$6.00 in a report on Friday, August 12th. Scotiabank reaffirmed an “outperform” rating and issued a C$8.00 price target on shares of Kelt Exploration in a report on Thursday, August 11th. RBC Capital Markets raised their price target on Kelt Exploration from C$5.00 to C$6.00 in a report on Thursday, August 11th. Finally, Dundee Securities raised their price target on Kelt Exploration from C$6.50 to C$7.00 and gave the company a “buy” rating in a report on Thursday, August 11th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of C$6.48.
Shares of Kelt Exploration (TSE:KEL) opened at 6.29 on Wednesday. The company’s market capitalization is $1.10 billion. The company has a 50-day moving average price of $5.54 and a 200 day moving average price of $4.78. Kelt Exploration has a one year low of $2.51 and a one year high of $6.56.
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.
Receive News & Ratings for Kelt Exploration Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kelt Exploration Ltd and related companies with MarketBeat.com's FREE daily email newsletter.