Keyera Corp. (OTCMKTS:KEYUF) Receives Consensus Recommendation of “Buy” from Analysts

Keyera Corp. (OTCMKTS:KEYUF) has earned an average rating of “Buy” from the eight analysts that are presently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy recommendation.

Several equities analysts recently issued reports on the company. National Bank Financial raised Keyera from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, June 16th. Citigroup reiterated a “buy” rating on shares of Keyera in a research note on Tuesday, May 19th. Scotiabank reissued an “outperform” rating on shares of Keyera in a research report on Tuesday, June 16th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Keyera in a report on Tuesday, June 16th.

Keyera Price Performance

Shares of OTCMKTS KEYUF opened at $42.28 on Friday. Keyera has a twelve month low of $28.74 and a twelve month high of $42.80. The stock has a fifty day simple moving average of $40.94 and a 200-day simple moving average of $37.80.

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.