Keyera (TSE:KEY) Given a C$47.00 Price Target at Raymond James

Keyera (TSE:KEY) has been given a C$47.00 price objective by Raymond James in a research note issued on Friday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ price target would suggest a potential upside of 6.96% from the company’s previous close. Raymond James also issued estimates for Keyera’s FY2025 earnings at $2.31 EPS, FY2026 earnings at $2.48 EPS and FY2028 earnings at $3.09 EPS.

KEY has been the subject of several other research reports. Royal Bank of Canada upped their target price on shares of Keyera from C$44.00 to C$45.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Jefferies Financial Group upped their target price on shares of Keyera from C$43.00 to C$47.00 and gave the company a “buy” rating in a research note on Monday, September 30th. National Bankshares upped their target price on shares of Keyera from C$36.00 to C$38.00 and gave the company a “sector perform” rating in a research note on Friday, August 23rd. ATB Capital upped their target price on shares of Keyera from C$36.00 to C$39.00 in a research note on Wednesday, July 24th. Finally, BMO Capital Markets upped their target price on shares of Keyera from C$40.00 to C$41.00 and gave the company a “hold” rating in a research note on Thursday, September 5th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$41.50.

Keyera Trading Down 0.7 %

Shares of TSE KEY opened at C$43.94 on Friday. The company’s 50 day simple moving average is C$40.83 and its 200 day simple moving average is C$37.93. Keyera has a fifty-two week low of C$31.16 and a fifty-two week high of C$44.56. The firm has a market capitalization of C$10.07 billion, a P/E ratio of 29.49, a P/E/G ratio of 1.35 and a beta of 2.09. The company has a debt-to-equity ratio of 143.51, a current ratio of 1.30 and a quick ratio of 0.57.

Keyera (TSE:KEY) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.62 earnings per share for the quarter, beating the consensus estimate of C$0.54 by C$0.08. Keyera had a net margin of 4.86% and a return on equity of 12.02%. The business had revenue of C$1.72 billion for the quarter. On average, analysts predict that Keyera will post 2.2166667 EPS for the current year.

Insider Buying and Selling at Keyera

In other news, Senior Officer Eileen Marikar sold 1,888 shares of Keyera stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of C$39.70, for a total value of C$74,953.79. Company insiders own 0.39% of the company’s stock.

Keyera Company Profile

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.