Kelt Exploration’s (KEL) Action List Buy Rating Reiterated at TD Securities
TD Securities reaffirmed their action list buy rating on shares of Kelt Exploration Ltd (TSE:KEL) in a research note released on Friday morning, StockTargetPrices.com reports. They currently have a C$9.00 target price on the oil and gas exploration company’s stock.
Other analysts also recently issued reports about the company. Scotiabank restated an outperform rating and issued a C$8.00 target price on shares of Kelt Exploration in a research note on Thursday, August 11th. Dundee Securities raised their target price on Kelt Exploration from C$6.50 to C$7.00 and gave the company a buy rating in a research note on Thursday, August 11th. Royal Bank Of Canada raised their target price on Kelt Exploration from C$5.00 to C$6.00 in a research note on Friday, August 12th. RBC Capital Markets raised their target price on Kelt Exploration from C$5.00 to C$6.00 in a research note on Thursday, August 11th. Finally, FirstEnergy Capital raised their price target on shares of Kelt Exploration from C$6.00 to C$6.75 in a research report on Thursday, August 11th. Six equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of Buy and an average price target of C$6.80.
Kelt Exploration (TSE:KEL) opened at 6.19 on Friday. Kelt Exploration has a 12 month low of $2.51 and a 12 month high of $6.98. The firm’s market cap is $1.08 billion. The firm’s 50-day moving average price is $6.13 and its 200-day moving average price is $5.14.
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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