Analysts Offer Predictions for Kelt Exploration Ltd’s Q1 2018 Earnings (KEL)
Kelt Exploration Ltd (TSE:KEL) – Analysts at Cormark lowered their Q1 2018 earnings per share estimates for Kelt Exploration in a research report issued to clients and investors on Tuesday. Cormark analyst A. Arif now expects that the oil and gas exploration company will earn $0.00 per share for the quarter, down from their prior estimate of $0.01. Cormark also issued estimates for Kelt Exploration’s Q2 2018 earnings at $0.00 EPS and Q4 2018 earnings at ($0.01) EPS.
ILLEGAL ACTIVITY NOTICE: “Analysts Offer Predictions for Kelt Exploration Ltd’s Q1 2018 Earnings (KEL)” was first published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright and trademark law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/10/11/analysts-offer-predictions-for-kelt-exploration-ltds-q1-2018-earnings-kel.html.
A number of other brokerages have also commented on KEL. Eight Capital reissued a “buy” rating and set a C$10.00 price target on shares of Kelt Exploration in a research note on Wednesday, September 27th. Scotiabank lifted their price target on Kelt Exploration from C$8.75 to C$9.25 and gave the company an “outperform” rating in a research note on Tuesday. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Kelt Exploration presently has a consensus rating of “Buy” and an average target price of C$8.61.
Kelt Exploration (KEL) opened at 6.88 on Wednesday. Kelt Exploration has a 52-week low of $5.43 and a 52-week high of $7.70. The firm’s 50-day moving average is $6.48 and its 200-day moving average is $6.52. The firm’s market capitalization is $1.21 billion.
About Kelt Exploration
Kelt Exploration Ltd. is an oil and gas company based in Calgary, Alberta. The Company is focused on the exploration, development and production of crude oil and natural gas resources, primarily in west central Alberta and northeastern British Columbia. The Company’s land holdings are located in Inga/Fireweed/Stoddart, British Columbia; Grande Prairie (including Pouce Coupe, Progress, Spirit River and La Glace), Alberta; Karr, Alberta, and Grande Cache, Alberta.
Receive News & Ratings for Kelt Exploration Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kelt Exploration Ltd and related companies with MarketBeat.com's FREE daily email newsletter.