Kelt Exploration (OTCMKTS:KELTF) Price Target Increased to C$8.00 by Analysts at CIBC

Kelt Exploration (OTCMKTS:KELTFGet Rating) had its price target increased by CIBC from C$7.50 to C$8.00 in a report published on Thursday, The Fly reports.

A number of other analysts also recently weighed in on KELTF. TD Securities increased their price objective on Kelt Exploration from C$6.50 to C$7.00 in a report on Friday, February 18th. National Bank Financial increased their price objective on Kelt Exploration from C$8.50 to C$10.00 in a report on Thursday. Finally, Stifel Nicolaus increased their price objective on Kelt Exploration from C$7.50 to C$7.75 in a report on Friday, March 11th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of Buy and a consensus price target of $6.59.

Shares of KELTF opened at $5.56 on Thursday. Kelt Exploration has a 52 week low of $1.93 and a 52 week high of $5.70. The stock has a fifty day moving average of $4.79 and a 200-day moving average of $4.21.

About Kelt Exploration (Get Rating)

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in northwestern Alberta and northeastern British Columbia, Canada. The company markets its crude oil, natural gas, and natural gas liquids production primarily to third party marketing companies.

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