National Bankshares Has Lowered Expectations for Keyera (TSE:KEY) Stock Price

Keyera (TSE:KEY) had its price objective reduced by research analysts at National Bankshares from C$48.00 to C$46.00 in a report released on Tuesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ target price suggests a potential upside of 5.17% from the stock’s current price.

Several other research firms have also issued reports on KEY. Barclays reduced their target price on shares of Keyera from C$45.00 to C$43.00 in a research note on Thursday, January 8th. CIBC upped their price objective on shares of Keyera from C$56.00 to C$57.00 and gave the stock an “outperform” rating in a research report on Thursday, October 9th. Finally, BMO Capital Markets decreased their price objective on shares of Keyera from C$54.00 to C$51.00 and set an “outperform” rating for the company in a research note on Friday, January 9th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Keyera has a consensus rating of “Moderate Buy” and an average target price of C$51.00.

Keyera Stock Performance

Shares of Keyera stock opened at C$43.74 on Tuesday. Keyera has a 52 week low of C$37.80 and a 52 week high of C$47.12. The company has a quick ratio of 0.57, a current ratio of 1.31 and a debt-to-equity ratio of 137.59. The business has a 50 day moving average price of C$43.86 and a 200-day moving average price of C$43.86. The company has a market cap of C$10.03 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 1.35 and a beta of 0.53.

Keyera (TSE:KEY) last announced its earnings results on Friday, November 14th. The company reported C$0.79 earnings per share (EPS) for the quarter. The company had revenue of C$1.79 billion for the quarter. Keyera had a return on equity of 16.05% and a net margin of 5.97%. Equities analysts anticipate that Keyera will post 2.2166667 earnings per share for the current fiscal year.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.