Keyera Corp PT Raised to C$66.00 at CIBC (KEY)
Equities researchers at CIBC increased their price target on shares of Keyera Corp (TSE:KEY) from C$65.50 to C$66.00 in a research report issued on Thursday, Analyst Ratings News reports. CIBC’s price target indicates a potential upside of 3.11% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at NBF raised their price target on shares of Keyera Corp from C$65.00 to C$67.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Separately, 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. Finally, analysts at Scotiabank raised their price target on shares of Keyera Corp from C$59.00 to C$63.00 in a research note to investors on Wednesday, November 6th. 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 given a buy rating to the stock. Keyera Corp has an average rating of “Buy” and an average target price of C$63.00.
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 P/E 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.
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.
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