Kelt Exploration (KEL) Stock Forecast & Price Target

C$6.70

-0.01 (-0.15%)

(As of 12/1/2023 ET)

Compare

Today's Range: C$6.67
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C$6.86
50-Day Range: C$6.70
▼
C$8.13
52-Week Range: C$4.29
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C$8.16

Volume: 253,000 shs
Average Volume: 421,402 shs
Market Capitalization: C$1.30 billion

P/E Ratio: 11.36
Dividend Yield: N/A
Price Target: C$8.83

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Kelt Exploration Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 8 Analyst Ratings

Analysts' Consensus Price Target

C$8.83
31.84% Upside

High Forecast	C$9.50
Average Forecast	C$8.83
Low Forecast	C$8.00

Type	Current Forecast 12/3/22 to 12/3/23	1 Month Ago 11/3/22 to 11/3/23	3 Months Ago 9/4/22 to 9/4/23	1 Year Ago 12/3/21 to 12/3/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$8.83	C$8.94	C$7.92	C$8.72
Predicted Upside	31.84% Upside	37.28% Upside	42.63% Upside	49.50% Upside

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KEL Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KEL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Kelt Exploration Stock vs. The Competition

Type	Kelt Exploration	Energy Companies
Consensus Rating Score	2.88	2.60
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/10/2023	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$9.50 ➝ C$9.25	+29.19%
11/10/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$9.25 ➝ C$8.75	+22.21%
10/16/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$8.50 ➝ C$9.50	+30.67%
10/16/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$8.75 ➝ C$9.00	+23.80%
10/16/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$9.00 ➝ C$9.50	+30.67%
9/28/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	C$8.00	+13.31%
9/8/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	C$8.00 ➝ C$9.00	+23.46%
4/10/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Outperform	C$7.50 ➝ C$8.50	+65.37%
3/6/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$10.00 ➝ C$8.00	+62.27%
1/12/2023	Stifel Firstegy Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Fitzmartyn Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

(Data available from 12/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

KEL Price Target - Frequently Asked Questions

What is Kelt Exploration's consensus rating and price target?: According to the issued ratings of 8 analysts in the last year, the consensus rating for Kelt Exploration stock is Moderate Buy based on the current 1 hold rating and 7 buy ratings for KEL. The average twelve-month price prediction for Kelt Exploration is C$8.83 with a high price target of C$9.50 and a low price target of C$8.00. Learn more on KEL's analyst rating history.
Do Wall Street analysts like Kelt Exploration more than its competitors?: Analysts like Kelt Exploration more than other Energy companies. The consensus rating score for Kelt Exploration is 2.88 while the average consensus rating score for energy companies is 2.60. Learn more on how KEL compares to other companies.
Is Kelt Exploration being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Kelt Exploration's stock had 1 upgrade and 1 downgrade by analysts.

Does Kelt Exploration's stock price have much upside?: According to analysts, Kelt Exploration's stock has a predicted upside of 35.55% based on their 12-month stock forecasts.
What analysts cover Kelt Exploration?: Kelt Exploration has been rated by ATB Capital, BMO Capital Markets, CIBC, National Bankshares, Raymond James, Stifel Nicolaus, and TD Securities in the past 90 days.

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This page (TSE:KEL) was last updated on 12/3/2023 by MarketBeat.com Staff

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