The stock of Kelt Exploration Ltd (TSE:KEL) is a huge mover today! About 75,416 shares traded hands. Kelt Exploration Ltd (TSE:KEL) has risen 49.41% since April 20, 2016 and is uptrending. It has outperformed by 44.00% the S&P500.
The move comes after 8 months positive chart setup for the $1.11 billion company. It was reported on Nov, 24 by Barchart.com. We have $6.56 PT which if reached, will make TSE:KEL worth $33.30 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 14.13% above today’s ($6.37) 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) has “Outperform” rating given on Friday, August 12 by Scotia Capital. TD Securities maintained Kelt Exploration Ltd (TSE:KEL) rating on Friday, November 11. TD Securities has “Action List Buy” rating and $9 price target. Scotia Capital maintained the stock with “Outperform” rating in Friday, November 11 report. The firm has “Buy” rating by Paradigm Research given on Tuesday, August 11. The company was maintained on Monday, June 6 by Raymond James. On Tuesday, August 11 the stock rating was maintained by RBC Capital Markets with “Outperform”. IBC downgraded the shares of KEL in a report on Wednesday, October 28 to “Sector Performer” rating. The firm earned “Neutral” rating on Tuesday, August 11 by Credit Suisse. The rating was maintained by TD Securities on Tuesday, August 11 with “Buy”. The firm has “” rating by Desjardins Securities given on Tuesday, June 28.
More news for Kelt Exploration Ltd (TSE:KEL) were recently published by: Marketwired.com, which released: “Kelt Exploration Announces $80.0 Million Convertible Debenture Financing and …” on April 11, 2016. Marketwired.com‘s article titled: “Artek Exploration Ltd. Announces Business Combination With Kelt Exploration Ltd.” and published on February 23, 2015 is yet another important article.
Kelt Exploration Ltd. is an oil and gas firm based in Calgary, Alberta. The company has a market cap of $1.11 billion. 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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