Keyera (TSE:KEY) PT Raised to C$38.00

Keyera (TSE:KEY) had its price objective lifted by investment analysts at Stifel Nicolaus from C$32.00 to C$38.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 6.77% from the stock’s current price.

KEY has been the topic of several other reports. Citigroup upped their target price on shares of Keyera from C$35.00 to C$37.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. BMO Capital Markets upped their price objective on shares of Keyera from C$35.00 to C$36.00 and gave the company a “market perform” rating in a research note on Thursday, February 15th. Jefferies Financial Group set a C$38.00 price objective on shares of Keyera and gave the company a “buy” rating in a research note on Tuesday, February 27th. CIBC upped their price target on shares of Keyera from C$35.00 to C$36.00 and gave the stock a “neutral” rating in a research report on Thursday, February 15th. Finally, TD Securities upped their price target on shares of Keyera from C$37.00 to C$38.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$36.67.

Keyera Trading Up 0.4 %

TSE KEY opened at C$35.59 on Thursday. The company has a debt-to-equity ratio of 154.22, a quick ratio of 0.57 and a current ratio of 1.34. The firm has a market cap of C$8.16 billion, a PE ratio of 19.24, a P/E/G ratio of 1.33 and a beta of 2.12. Keyera has a one year low of C$29.31 and a one year high of C$35.97. The firm’s fifty day moving average is C$34.42 and its two-hundred day moving average is C$33.12.

Keyera (TSE:KEY) last issued its quarterly earnings results on Wednesday, February 14th. The company reported C$0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.56 by C$0.37. Keyera had a net margin of 6.01% and a return on equity of 15.15%. The business had revenue of C$2.30 billion for the quarter, compared to analyst estimates of C$1.59 billion. Analysts expect that Keyera will post 1.9117965 earnings per share for the current year.

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.