Keyera (TSE:KEY) Given a C$45.00 Price Target at National Bankshares

National Bankshares set a C$45.00 price target on Keyera (TSE:KEY) in a report issued on Friday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Several other equities research analysts have also recently issued reports on the stock. Scotiabank raised their price target on shares of Keyera from C$50.00 to C$51.00 and gave the stock an “outperform” rating in a research note on Thursday, May 22nd. Royal Bank Of Canada raised their price target on shares of Keyera from C$46.00 to C$53.00 in a research note on Friday. CIBC decreased their price target on shares of Keyera from C$48.00 to C$47.00 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. Raymond James Financial raised their price target on shares of Keyera from C$50.00 to C$51.00 and gave the stock an “outperform” rating in a research note on Thursday, May 22nd. Finally, TD Securities raised their price target on shares of Keyera from C$47.00 to C$51.00 in a research note on Friday. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$49.00.

Keyera Price Performance

Keyera stock opened at C$44.27 on Friday. Keyera has a 12-month low of C$35.35 and a 12-month high of C$47.90. The stock has a market capitalization of C$10.20 billion, a P/E ratio of 22.82, a P/E/G ratio of 1.35 and a beta of 2.09. The firm’s 50-day moving average is C$42.56 and its two-hundred day moving average is C$42.72. The company has a debt-to-equity ratio of 137.59, a current ratio of 1.31 and a quick ratio of 0.57.

Keyera Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 30th will be issued a $0.52 dividend. The ex-dividend date is Monday, June 16th. This represents a $2.08 dividend on an annualized basis and a yield of 4.70%. Keyera’s payout ratio is 107.20%.

About Keyera

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.