Keyera Corp (TSE:KEY) Director Donald J. Nelson purchased 1,850 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was bought at an average cost of C$35.69 per share, with a total value of C$66,026.50.

Shares of Keyera Corp (KEY) traded down 0.17% on Wednesday, hitting $35.65. The stock had a trading volume of 412,055 shares. The firm’s 50-day moving average is $39.18 and its 200-day moving average is $39.49. The company has a market cap of $6.64 billion and a price-to-earnings ratio of 26.56. Keyera Corp has a one year low of $35.31 and a one year high of $43.21.

The firm also recently declared a monthly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, August 22nd will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, August 18th. This represents a $1.68 annualized dividend and a dividend yield of 4.71%.

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A number of brokerages have issued reports on KEY. CIBC decreased their price target on Keyera Corp from C$49.00 to C$46.00 in a report on Thursday, August 10th. TD Securities decreased their price target on Keyera Corp from C$46.00 to C$44.00 and set a “buy” rating for the company in a report on Friday, August 11th. Raymond James Financial, Inc. decreased their price target on Keyera Corp from C$45.00 to C$44.00 and set an “outperform” rating for the company in a report on Friday, August 11th. Royal Bank Of Canada reduced their target price on Keyera Corp from C$46.00 to C$45.00 and set an “outperform” rating for the company in a research note on Friday, August 11th. Finally, Scotiabank reduced their target price on Keyera Corp from C$42.00 to C$41.00 and set a “sector perform” rating for the company in a research note on Friday, August 11th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$44.86.

Keyera Corp Company Profile

Keyera Corp. operates as an energy midstream company in Canada and the United States. The company operates through Gathering and Processing, and Liquids business units. It owns and operates 15 raw gas gathering pipelines and processing plants with approximately 5,000 kilometers to collect and process raw natural gas, remove waste products, and separate the economic components.

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