Keyera (TSE:KEY) Given a C$46.00 Price Target by Barclays Analysts

Keyera (TSE:KEY) has been given a C$46.00 target price by investment analysts at Barclays in a report issued on Thursday,BayStreet.CA reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s target price would suggest a potential upside of 5.94% from the stock’s previous close.

Several other brokerages also recently issued reports on KEY. Jefferies Financial Group increased their price target on Keyera from C$43.00 to C$47.00 and gave the company a “buy” rating in a report on Monday, September 30th. Scotiabank increased their price target on Keyera from C$48.00 to C$50.00 and gave the company an “outperform” rating in a report on Wednesday. BMO Capital Markets increased their price target on Keyera from C$41.00 to C$44.00 in a report on Friday, November 15th. Raymond James increased their price target on Keyera from C$47.00 to C$48.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, ATB Capital increased their price target on Keyera from C$43.00 to C$44.00 in a report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Keyera has an average rating of “Moderate Buy” and a consensus target price of C$43.62.

Keyera Trading Down 1.5 %

Shares of KEY opened at C$43.42 on Thursday. The company has a current ratio of 1.30, a quick ratio of 0.57 and a debt-to-equity ratio of 143.51. The firm has a market capitalization of C$9.95 billion, a P/E ratio of 29.14, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. The stock’s fifty day simple moving average is C$44.41 and its 200 day simple moving average is C$40.73. Keyera has a twelve month low of C$31.16 and a twelve month high of C$47.90.

Insider Transactions at Keyera

In other news, Director James Vance Bertram sold 50,000 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$46.38, for a total transaction of C$2,318,750.00. Corporate insiders own 0.39% of the company’s stock.

Keyera Company Profile

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. 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 gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.