National Bankshares Boosts Keyera (TSE:KEY) Price Target to C$38.00

Keyera (TSE:KEYGet Rating) had its price target upped by National Bankshares from C$37.00 to C$38.00 in a report released on Thursday, BayStreet.CA reports. National Bankshares’ price objective indicates a potential upside of 17.61% from the company’s previous close.

KEY has been the subject of several other reports. BMO Capital Markets lifted their price objective on shares of Keyera from C$31.00 to C$32.00 in a research report on Thursday, February 17th. Tudor Pickering & Holt set a C$31.00 price objective on shares of Keyera and gave the stock a “hold” rating in a research report on Wednesday, February 16th. Credit Suisse Group lifted their price objective on shares of Keyera to C$40.50 and gave the stock an “outperform” rating in a research report on Monday, April 11th. Raymond James lifted their price objective on shares of Keyera from C$34.00 to C$36.50 and gave the stock an “outperform” rating in a research report on Tuesday, April 19th. Finally, CSFB boosted their price target on shares of Keyera from C$37.00 to C$40.50 in a research report on Monday, April 11th. Three 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 MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$35.53.

Shares of TSE:KEY traded down C$0.21 during trading on Thursday, hitting C$32.31. The company’s stock had a trading volume of 143,666 shares, compared to its average volume of 1,137,232. The business has a 50 day moving average price of C$31.63 and a two-hundred day moving average price of C$30.14. The company has a market capitalization of C$7.14 billion and a PE ratio of 22.03. The company has a debt-to-equity ratio of 139.14, a quick ratio of 0.84 and a current ratio of 1.20. Keyera has a fifty-two week low of C$26.34 and a fifty-two week high of C$35.75.

Keyera (TSE:KEYGet Rating) last posted its quarterly earnings results on Wednesday, February 16th. The company reported C$0.76 EPS for the quarter, topping the consensus estimate of C$0.52 by C$0.24. The business had revenue of C$1.74 billion during the quarter. As a group, equities analysts expect that Keyera will post 2.1400001 earnings per share for the current fiscal year.

Keyera Company Profile (Get Rating)

Keyera Corp. engages in the energy infrastructure business in Canada. The company operates through Gathering and Processing, Liquids Infrastructure, and Marketing segments. 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 condensate handling services.

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