Keyera Corp. (OTCMKTS:KEYUF) Receives Average Recommendation of “Buy” from Brokerages

Shares of Keyera Corp. (OTCMKTS:KEYUF) have been given a consensus rating of “Buy” by the eight ratings firms that are currently covering the company, MarketBeat reports. Eight equities research analysts have rated the stock with a buy recommendation.

Several research analysts have weighed in on the company. Citigroup reissued a “buy” rating on shares of Keyera in a research report on Tuesday, May 19th. TD Securities reaffirmed a “buy” rating on shares of Keyera in a research report on Thursday, July 16th. National Bank Financial upgraded Keyera from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, June 16th. BMO Capital Markets reiterated an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Keyera in a research report on Tuesday, June 16th.

Keyera Price Performance

Keyera stock opened at $42.00 on Friday. Keyera has a 52 week low of $28.74 and a 52 week high of $42.80. The company’s 50 day moving average price is $41.07 and its two-hundred day moving average price is $37.94.

Keyera Company Profile

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.