Are Analysts Bullish Kelt Exploration Ltd. (TSE:KEL) After Last Week?

January 13, 2018 - By Richard Conner

 Are Analysts Bullish Kelt Exploration Ltd. (TSE:KEL) After Last Week?

Kelt Exploration Ltd. (TSE:KEL) Ratings Coverage

Among 6 analysts covering Kelt Exploration Ltd. (TSE:KEL), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Kelt Exploration Ltd. has $12 highest and $4.75 lowest target. $8.54’s average target is 12.81% above currents $7.57 stock price. Kelt Exploration Ltd. had 53 analyst reports since August 11, 2015 according to SRatingsIntel. Raymond James maintained the shares of KEL in report on Friday, February 10 with “Strong Buy” rating. Scotia Capital maintained Kelt Exploration Ltd. (TSE:KEL) on Friday, November 11 with “Outperform” rating. The stock of Kelt Exploration Ltd. (TSE:KEL) earned “Buy” rating by TD Securities on Tuesday, August 11. The firm earned “Neutral” rating on Tuesday, August 11 by Credit Suisse. Scotia Capital maintained the shares of KEL in report on Friday, August 12 with “Outperform” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, August 11. The stock of Kelt Exploration Ltd. (TSE:KEL) has “Strong Buy” rating given on Thursday, January 19 by Raymond James. The company was maintained on Monday, June 6 by Raymond James. The rating was maintained by TD Securities on Friday, November 11 with “Action List Buy”. The stock of Kelt Exploration Ltd. (TSE:KEL) has “Outperform” rating given on Thursday, January 19 by RBC Capital Markets. Below is a list of Kelt Exploration Ltd. (TSE:KEL) latest ratings and price target changes.

10/11/2017 Broker: National Bank Canada Rating: Outperform Old Target: $8.75 New Target: $10.00 Target Down
10/11/2017 Broker: Raymond James Rating: Strong Buy Old Target: $9.25 New Target: $9.75 Target Up
10/11/2017 Broker: Scotia Capital Rating: Outperform Old Target: $9.25 New Target: $10.00 Target Down
10/11/2017 Broker: TD Securities Rating: Buy Old Target: $8.50 New Target: $9.00 Target Up

The stock increased 1.34% or $0.1 during the last trading session, reaching $7.57. About 1.39 million shares traded or 156.78% up from the average. Kelt Exploration Ltd. (TSE:KEL) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas and crude oil resources primarily in northwestern Alberta and northeastern British Columbia, Canada. The company has market cap of $1.35 billion. As of December 31, 2016, the firm owned interests in approximately 856,754 net acres of developed and undeveloped land. It currently has negative earnings. It also had proved developed producing reserves of 34.5 million barrels of oil equivalent ; total proved reserves of 108.2 million BOE; and total proved plus probable reserves of 194.1 million BOE.

More notable recent Kelt Exploration Ltd. (TSE:KEL) news were published by: Seekingalpha.com which released: “Will Kelt Exploration Survive?” on February 11, 2016, also Marketwired.com with their article: “Kelt Exploration Announces $80.0 Million Convertible Debenture Financing and …” published on April 11, 2016, Marketwired.com published: “Artek Exploration Ltd. Announces Business Combination With Kelt Exploration Ltd.” on February 23, 2015. More interesting news about Kelt Exploration Ltd. (TSE:KEL) were released by: Nasdaq.com and their article: “Kelt Exploration Breaks Below 200-Day Moving Average” published on December 22, 2017 as well as Marketwired.com‘s news article titled: “Kelt Exploration and Artek Exploration Complete Plan of Arrangement” with publication date: April 16, 2015.

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