Keyera (TSE:KEY) PT Raised to C$38.00

Keyera (TSE:KEYGet Rating) had its target price boosted by research analysts at National Bankshares from C$37.00 to C$38.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target suggests a potential upside of 17.36% from the company’s current price.

A number of other analysts also recently commented on the stock. Royal Bank of Canada boosted their price target on shares of Keyera from C$34.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 30th. Scotiabank boosted their price target on shares of Keyera from C$37.00 to C$38.00 in a research report on Tuesday, April 19th. BMO Capital Markets boosted their price target on shares of Keyera from C$31.00 to C$32.00 in a research report on Thursday, February 17th. Canaccord Genuity Group boosted their price target on shares of Keyera from C$34.00 to C$35.00 in a research report on Thursday, February 3rd. Finally, TD Securities boosted their price target on shares of Keyera from C$36.00 to C$37.00 and gave the stock a “buy” rating in a research report on Wednesday, March 30th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Keyera presently has a consensus rating of “Buy” and a consensus target price of C$35.77.

Shares of TSE:KEY opened at C$32.38 on Thursday. The company has a market cap of C$7.16 billion and a PE ratio of 22.07. The company’s 50-day moving average price is C$31.72 and its 200 day moving average price is C$30.15. Keyera has a fifty-two week low of C$26.34 and a fifty-two week high of C$35.75. The company has a quick ratio of 0.84, a current ratio of 1.20 and a debt-to-equity ratio of 139.14.

Keyera (TSE:KEYGet Rating) last issued its quarterly earnings data on Wednesday, February 16th. The company reported C$0.76 earnings per share for the quarter, beating the consensus estimate of C$0.52 by C$0.24. The firm had revenue of C$1.74 billion during the quarter. As a group, equities analysts anticipate that Keyera will post 2.1400001 EPS for the current year.

Keyera Company Profile (Get Rating)

Keyera Corp. engages in the energy infrastructure business in Canada. The company operates through Gathering and Processing, Liquids Infrastructure, and Marketing segments. 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 condensate handling services.

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