Kelt Exploration Ltd (TSE:KEL) had its target price raised by Scotiabank from C$8.75 to C$9.25 in a report published on Tuesday morning. Scotiabank currently has an outperform rating on the oil and gas exploration company’s stock.
Separately, Eight Capital restated a buy rating and set a C$10.00 price objective on shares of Kelt Exploration in a research note on Wednesday, September 27th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Kelt Exploration presently has an average rating of Buy and an average price target of C$8.66.
Shares of Kelt Exploration (TSE KEL) opened at 6.92 on Tuesday. The firm’s market capitalization is $1.22 billion. Kelt Exploration has a one year low of $5.43 and a one year high of $7.70. The company’s 50 day moving average price is $6.54 and its 200 day moving average price is $6.52.
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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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