What Will Happen to Kelt Exploration Ltd Next? The Stock Just Raised A Lot

 What Will Happen to Kelt Exploration Ltd Next? The Stock Just Raised A Lot

The stock of Kelt Exploration Ltd (TSE:KEL) is a huge mover today! About 130,980 shares traded hands. Kelt Exploration Ltd (TSE:KEL) has risen 49.47% since April 8, 2016 and is uptrending. It has outperformed by 44.49% the S&P500.
The move comes after 8 months positive chart setup for the $1000.00M company. It was reported on Nov, 14 by Barchart.com. We have $7.60 PT which if reached, will make TSE:KEL worth $320.00 million more.

Kelt Exploration Ltd (TSE:KEL) Ratings Coverage

Out of 4 analysts covering Kelt Exploration Ltd. (TSE:KEL), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $12 is the highest target while $4.75 is the lowest. The $7.27 average target is 26.22% above today’s ($5.76) stock price. Kelt Exploration Ltd. has been the topic of 32 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The stock of Kelt Exploration Ltd (TSE:KEL) earned “Outperform” rating by RBC Capital Markets on Tuesday, August 11. On Wednesday, October 28 the stock rating was downgraded by IBC to “Sector Performer”. The rating was maintained by Scotia Capital with “Outperform” on Friday, August 12. Credit Suisse maintained Kelt Exploration Ltd (TSE:KEL) rating on Tuesday, August 11. Credit Suisse has “Neutral” rating and $8.50 price target. As per Tuesday, August 11, the company rating was maintained by TD Securities. The company was maintained on Friday, November 11 by Scotia Capital. Raymond James maintained it with “” rating and $6.50 target price in Monday, June 6 report. The rating was maintained by IBC on Tuesday, August 11 with “Outperform”. The rating was maintained by Desjardins Securities with “” on Tuesday, June 28. As per Tuesday, August 11, the company rating was maintained by Paradigm Research.

Another recent and important Kelt Exploration Ltd (TSE:KEL) news was published by Marketwired.com which published an article titled: “Kelt Exploration Announces $80.0 Million Convertible Debenture Financing and …” on April 11, 2016.

Kelt Exploration Ltd. is an oil and gas firm based in Calgary, Alberta. The company has a market cap of $1000.00 million. The Firm is focused on the exploration, development and production of natural gas and crude oil resources, primarily in west central Alberta and northeastern British Columbia. It currently has negative earnings. The Company’s land holdings are located in Inga/Fireweed/Stoddart, British Columbia; Grande Prairie , Alberta; Karr, Alberta, and Grande Cache, Alberta.

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