Keyera Corp Price Target Raised to C$67.00 at NBF (KEY)
Equities research analysts at NBF upped their target price on shares of Keyera Corp (TSE:KEY) from C$65.00 to C$67.00 in a research note issued to investors on Thursday, American Banking News.com reports. The firm currently has an “outperform” rating on the stock. NBF’s target price points to a potential upside of 4.67% from the stock’s previous close.
Shares of Keyera Corp (TSE:KEY) opened at 64.01 on Thursday. Keyera Corp has a 52-week low of $49.00 and a 52-week high of $64.53. The stock has a 50-day moving average of $57.09 and a 200-day moving average of $58.06. The company has a price-to-earnings ratio of 30.32.
The company also recently declared a dividend, which is scheduled for Wednesday, January 15th. Investors of record on Monday, December 23rd will be given a dividend of 0.188 per share. The ex-dividend date of this dividend is Thursday, December 19th.
KEY has been the subject of a number of other recent research reports. Analysts at CIBC reiterated a “sector outperform” rating on shares of Keyera Corp in a research note to investors on Wednesday. Finally, analysts at RBC Capital raised their price target on shares of Keyera Corp from C$63.00 to C$65.00 in a research note to investors on Friday, November 8th. They now have a “sector perform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Keyera Corp currently has a consensus rating of “Buy” and an average price target of C$63.00.
Keyera Corp. operates natural gas midstream businesses in Canada. The Company operates in the oil and gas sector between the upstream sector, which includes oil and gas exploration and production businesses, and the downstream sector, which includes the refining, distribution and retail marketing of finished products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.