Kelt Exploration Ltd. (TSE:KEL) had its price target lifted by TD Securities from C$8.50 to C$9.00 in a report published on Friday morning. TD Securities currently has a buy rating on the oil and gas exploration company’s stock.
Other equities research analysts have also recently issued reports about the stock. Raymond James Financial, Inc. boosted their price objective on shares of Kelt Exploration from C$9.25 to C$9.75 and gave the company a strong-buy rating in a research report on Friday. Scotiabank cut their price objective on shares of Kelt Exploration from C$10.00 to C$9.25 and set an outperform rating on the stock in a research report on Friday. National Bank Financial boosted their price objective on shares of Kelt Exploration from C$7.00 to C$8.75 and gave the company an outperform rating in a research report on Wednesday, October 11th. Finally, Eight Capital reaffirmed a buy rating and issued a C$10.00 price objective on shares of Kelt Exploration in a research report on Wednesday, September 27th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and an average price target of C$8.80.
Kelt Exploration (TSE:KEL) opened at C$7.26 on Friday. Kelt Exploration has a 52-week low of C$5.56 and a 52-week 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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