Keyera Corp. (OTCMKTS:KEYUF) Receives Average Rating of “Buy” from Analysts

Keyera Corp. (OTCMKTS:KEYUF) has been assigned an average recommendation of “Buy” from the eight brokerages that are covering the firm, MarketBeat.com reports. Eight research analysts have rated the stock with a buy rating.

Several equities research analysts have issued reports on KEYUF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. TD Securities restated a “buy” rating on shares of Keyera in a research note on Friday, May 15th. Citigroup restated a “buy” rating on shares of Keyera in a research note on Tuesday, May 19th. National Bank Financial upgraded shares of Keyera from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, June 16th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th.

Keyera Stock Performance

KEYUF opened at $39.10 on Monday. Keyera has a 52-week low of $28.74 and a 52-week high of $42.80. The company has a 50 day moving average of $39.37 and a two-hundred day moving average of $36.58.

About Keyera

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.