Keyera Corp. (TSE:KEY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Keyera Corp. (TSE:KEY) have been given a consensus rating of “Moderate Buy” by the fourteen research firms that are presently covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$44.77.

Several analysts recently commented on KEY shares. TD Securities set a C$45.00 target price on Keyera and gave the company a “hold” rating in a report on Wednesday, January 15th. ATB Capital upped their target price on shares of Keyera from C$43.00 to C$44.00 in a report on Friday, November 15th. Barclays set a C$46.00 price target on Keyera and gave the company an “equal weight” rating in a research report on Thursday, December 12th. CIBC upped their price objective on shares of Keyera from C$46.00 to C$48.00 in a report on Friday, February 14th. Finally, Scotiabank raised their price target on Keyera from C$48.00 to C$50.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th.

Keyera Stock Down 1.2 %

TSE:KEY opened at C$42.92 on Friday. The company has a market cap of C$9.89 billion, a PE ratio of 22.12, a P/E/G ratio of 1.35 and a beta of 2.09. Keyera has a one year low of C$33.37 and a one year high of C$47.90. The firm’s 50 day simple moving average is C$42.27 and its 200 day simple moving average is C$42.85. The company has a debt-to-equity ratio of 137.59, a current ratio of 1.31 and a quick ratio of 0.57.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.