Keyera (TSE:KEY) Given New C$48.00 Price Target at National Bankshares

Keyera (TSE:KEY) had its price target boosted by National Bankshares from C$45.00 to C$48.00 in a report published on Wednesday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, CIBC raised their target price on Keyera from C$56.00 to C$57.00 and gave the stock an “outperform” rating in a research note on Thursday, October 9th. Four analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$52.20.

Keyera Stock Up 1.5%

Keyera stock opened at C$43.37 on Wednesday. The firm has a 50 day simple moving average of C$43.31 and a 200 day simple moving average of C$43.77. The company has a current ratio of 1.31, a quick ratio of 0.57 and a debt-to-equity ratio of 137.59. Keyera has a 1-year low of C$37.80 and a 1-year high of C$47.12. The firm has a market capitalization of C$9.94 billion, a price-to-earnings ratio of 23.19, a P/E/G ratio of 1.35 and a beta of 0.58.

Keyera (TSE:KEY) last posted its earnings results on Friday, November 14th. The company reported C$0.79 earnings per share (EPS) for the quarter. The firm had revenue of C$1.79 billion for the quarter. Keyera had a return on equity of 16.05% and a net margin of 5.97%. On average, analysts predict that Keyera will post 2.2166667 earnings per share for the current year.

Keyera Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st will be given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.0%. The ex-dividend date is Monday, December 15th. Keyera’s payout ratio is presently 112.30%.

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.