Kelt Exploration Ltd (TSE:KEL) has earned an average recommendation of “Buy” from the fourteen ratings firms that are covering the company. Four analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$6.80.

A number of research firms have commented on KEL. TD Securities upped their price objective on shares of Kelt Exploration from C$7.50 to C$8.50 and gave the company an “action list buy” rating in a research note on Tuesday, September 6th. Royal Bank Of Canada upped their price objective on shares of Kelt Exploration from C$5.00 to C$6.00 in a research note on Friday, August 12th. Raymond James Financial Inc. upped their price objective on shares of Kelt Exploration from C$6.50 to C$8.00 in a research note on Wednesday, October 12th. RBC Capital Markets upped their price objective on shares of Kelt Exploration from C$5.00 to C$6.00 in a research note on Thursday, August 11th. Finally, Paradigm Capital upped their price objective on shares of Kelt Exploration from C$7.00 to C$8.00 and gave the company a “buy” rating in a research note on Tuesday, November 1st.

Kelt Exploration (TSE:KEL) opened at 6.05 on Friday. The firm’s 50-day moving average is $6.20 and its 200-day moving average is $5.25. Kelt Exploration has a 12 month low of $2.51 and a 12 month high of $6.98. The firm’s market capitalization is $1.06 billion.

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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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