Kelt Exploration (OTCMKTS:KELTF – Get Rating) was upgraded by equities research analysts at Scotiabank from a “sector perform” rating to an “outperform” rating in a note issued to investors on Monday, The Fly reports.
A number of other equities research analysts also recently issued reports on KELTF. Stifel Nicolaus increased their price target on shares of Kelt Exploration from C$6.50 to C$7.00 in a report on Monday, March 6th. CIBC decreased their price objective on shares of Kelt Exploration from C$9.00 to C$7.00 in a research report on Tuesday, January 17th. National Bank Financial decreased their price objective on shares of Kelt Exploration from C$8.00 to C$7.50 in a research report on Wednesday, January 11th. Finally, Raymond James cut shares of Kelt Exploration from an “outperform” rating to a “market perform” rating in a research report on Monday, January 16th.
Kelt Exploration Price Performance
Shares of Kelt Exploration stock opened at $3.75 on Monday. Kelt Exploration has a 12-month low of $3.18 and a 12-month high of $6.60. The company’s 50-day moving average price is $3.44 and its 200-day moving average price is $3.75.
About Kelt Exploration
Kelt Exploration Ltd. is an oil and gas company, which engages in the exploration, development, and production of crude oil and natural gas resources. It operates in the area of Grande Prairie in northwestern Alberta and Fort St. John in northeastern British Columbia. The company was founded on October 11, 2012 and is headquartered in Calgary, Canada.
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