Keyera Corp. (OTCMKTS:KEYUF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Keyera Corp. (OTCMKTS:KEYUF) has been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company.

A number of research analysts have recently commented on the stock. Scotiabank restated an “outperform” rating on shares of Keyera in a research report on Friday, January 16th. BMO Capital Markets reissued an “outperform” rating on shares of Keyera in a research note on Friday, February 13th. TD Securities restated a “buy” rating on shares of Keyera in a research report on Friday, February 13th. Citigroup restated a “buy” rating on shares of Keyera in a research note on Monday, February 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Keyera in a research report on Tuesday, February 17th.

Keyera Stock Down 0.5%

Keyera stock opened at $39.15 on Friday. Keyera has a 1-year low of $27.12 and a 1-year high of $39.94. The firm’s 50 day simple moving average is $35.31 and its 200 day simple moving average is $32.98.

About Keyera

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.