The Kelt Exploration Ltd (KEL) Price Target Increased to C$7.00 by Analysts at Royal Bank Of Canada

The Kelt Exploration Ltd (KEL) Price Target Increased to C$7.00 by Analysts at Royal Bank Of Canada

Kelt Exploration Ltd (TSE:KEL) had its target price hoisted by Royal Bank Of Canada from C$6.00 to C$7.00 in a research note issued to investors on Thursday, StockTargetPrices.com reports.

KEL has been the topic of a number of other research reports. TD Securities upped their target price on Kelt Exploration from C$7.50 to C$8.50 and gave the company an action list buy rating in a research note on Tuesday, September 6th. Raymond James Financial Inc. increased their price target on Kelt Exploration from C$6.50 to C$8.00 in a research note on Wednesday. FirstEnergy Capital increased their price target on Kelt Exploration from C$6.00 to C$6.75 in a research note on Thursday, August 11th. RBC Capital Markets increased their price target on Kelt Exploration from C$5.00 to C$6.00 in a research note on Thursday, August 11th. Finally, Dundee Securities increased their price target on Kelt Exploration from C$6.50 to C$7.00 and gave the stock a buy rating in a research note on Thursday, August 11th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. The stock currently has an average rating of Buy and an average price target of C$6.48.

Kelt Exploration (TSE:KEL) traded up 2.54% on Thursday, reaching $6.45. The company had a trading volume of 551,106 shares. Kelt Exploration has a 52-week low of $2.51 and a 52-week high of $6.56. The stock’s 50-day moving average price is $5.54 and its 200 day moving average price is $4.78. The firm’s market capitalization is $1.12 billion.

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