Free Trial

Royal Bank Of Canada Increases Kelt Exploration (TSE:KEL) Price Target to C$8.50

Kelt Exploration logo with Energy background

Kelt Exploration (TSE:KEL - Free Report) had its target price increased by Royal Bank Of Canada from C$8.00 to C$8.50 in a research note published on Monday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the oil and gas exploration company's stock.

Several other equities analysts have also recently weighed in on KEL. CIBC dropped their price objective on Kelt Exploration from C$11.50 to C$10.75 in a research note on Thursday, April 10th. Raymond James Financial set a C$9.50 target price on Kelt Exploration and gave the stock an "outperform" rating in a research note on Tuesday, April 8th.

View Our Latest Stock Analysis on KEL

Kelt Exploration Stock Down 1.1%

Shares of TSE:KEL traded down C$0.08 during mid-day trading on Monday, hitting C$7.36. 185,917 shares of the company traded hands, compared to its average volume of 397,538. The stock has a market cap of C$1.46 billion, a P/E ratio of 26.09 and a beta of 1.93. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 4.53. Kelt Exploration has a 12-month low of C$4.90 and a 12-month high of C$7.86. The stock has a 50-day moving average price of C$6.75 and a two-hundred day moving average price of C$6.61.

Kelt Exploration Company Profile

(Get Free Report)

Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in Canada. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada.

See Also

Should You Invest $1,000 in Kelt Exploration Right Now?

Before you consider Kelt Exploration, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kelt Exploration wasn't on the list.

While Kelt Exploration currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines