Royal Bank Of Canada Boosts Kelt Exploration Ltd (KEL) Price Target to C$7.00
Kelt Exploration Ltd (TSE:KEL) had its price target raised by Royal Bank Of Canada from C$6.00 to C$7.00 in a research report sent to investors on Thursday, StockTargetPrices.com reports.
Several other equities research analysts have also recently issued reports on KEL. Desjardins set a C$6.50 price objective on shares of Kelt Exploration in a research report on Tuesday, June 28th. Dundee Securities upped their price target on shares of Kelt Exploration from C$6.50 to C$7.00 and gave the stock a buy rating in a research report on Thursday, August 11th. FirstEnergy Capital upped their price target on shares of Kelt Exploration from C$6.00 to C$6.75 in a research report on Thursday, August 11th. RBC Capital Markets upped their price target on shares of Kelt Exploration from C$5.00 to C$6.00 in a research report on Thursday, August 11th. Finally, Scotiabank reaffirmed an outperform rating and issued a C$8.00 price target on shares of Kelt Exploration in a research report on Thursday, August 11th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Kelt Exploration has an average rating of Buy and a consensus target price of C$6.48.
Shares of Kelt Exploration (TSE:KEL) opened at 6.23 on Thursday. The company has a 50-day moving average of $5.62 and a 200 day moving average of $4.82. Kelt Exploration has a one year low of $2.51 and a one year high of $6.56. The stock’s market cap is $1.09 billion.
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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