Keyera (TSE:KEY) PT Set at C$45.00 by TD Securities

Keyera (TSE:KEY) has been given a C$45.00 price target by research analysts at TD Securities in a note issued to investors on Wednesday, Marketbeat reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ price objective would suggest a potential upside of 7.53% from the company’s previous close.

Other research analysts have also issued research reports about the stock. ATB Capital upped their price target on shares of Keyera from C$43.00 to C$44.00 in a research note on Friday, November 15th. Barclays set a C$46.00 target price on Keyera and gave the stock an “equal weight” rating in a report on Thursday, December 12th. National Bankshares increased their target price on shares of Keyera from C$38.00 to C$39.00 in a research report on Friday, November 15th. Jefferies Financial Group lifted their price target on shares of Keyera from C$43.00 to C$47.00 and gave the company a “buy” rating in a research report on Monday, September 30th. Finally, BMO Capital Markets upped their target price on Keyera from C$41.00 to C$44.00 in a research report on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$44.08.

Keyera Stock Down 1.2 %

KEY stock opened at C$41.85 on Wednesday. Keyera has a 1-year low of C$31.16 and a 1-year high of C$47.90. The business’s 50 day simple moving average is C$44.51 and its 200 day simple moving average is C$41.91. 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$9.59 billion, a PE ratio of 28.09, a PEG ratio of 1.35 and a beta of 2.09.

Insider Activity at Keyera

In other Keyera news, Director James Vance Bertram sold 50,000 shares of the company’s stock in a transaction on 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. 0.39% of the stock is currently owned by company insiders.

About Keyera

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.