Kelt Exploration Ltd (TSE:KEL) had its target price lifted by Scotiabank from C$8.75 to C$9.25 in a report issued on Tuesday morning. They currently have an outperform rating on the oil and gas exploration company’s stock.
Separately, Eight Capital restated a buy rating and issued a C$10.00 price target on shares of Kelt Exploration in a report on Wednesday, September 27th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of C$8.61.
Shares of Kelt Exploration (TSE KEL) opened at 6.88 on Tuesday. The company’s market capitalization is $1.21 billion. Kelt Exploration has a 12 month low of $5.43 and a 12 month high of $7.70. The firm’s 50-day moving average is $6.48 and its 200 day moving average is $6.52.
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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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