Keyera (TSE:KEY) Given New C$50.00 Price Target at National Bank Financial

Keyera (TSE:KEY – Get Free Report) had its price objective boosted by National Bank Financial from C$48.00 to C$50.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price objective indicates a potential downside of 12.03% from the stock’s previous close.

KEY has been the topic of several other reports. TD Securities lifted their price target on shares of Keyera from C$52.00 to C$56.00 and gave the company a “buy” rating in a report on Friday, February 13th. Barclays lifted their target price on shares of Keyera from C$48.00 to C$53.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 9th. Citigroup lifted their target price on shares of Keyera from C$51.00 to C$58.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. TD lifted their target price on shares of Keyera from C$60.00 to C$61.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Raymond James Financial lifted their target price on shares of Keyera from C$63.00 to C$66.00 in a research report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Keyera has a consensus rating of “Moderate Buy” and an average target price of C$56.69.

Get Keyera alerts:

Get Our Latest Stock Analysis on Keyera

Keyera Price Performance

Shares of Keyera stock traded up C$1.73 during midday trading on Friday, hitting C$56.84. 1,431,462 shares of the company traded hands, compared to its average volume of 1,404,326. The stock has a market cap of C$13.03 billion, a price-to-earnings ratio of 30.07, a PEG ratio of 1.35 and a beta of 0.56. The company has a debt-to-equity ratio of 227.74, a quick ratio of 0.57 and a current ratio of 1.76. The firm’s fifty day moving average price is C$52.26 and its 200-day moving average price is C$47.64. Keyera has a 12 month low of C$40.09 and a 12 month high of C$57.22.

Keyera (TSE:KEY – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported C($0.53) earnings per share (EPS) for the quarter. The company had revenue of C$1.30 billion for the quarter. Keyera had a net margin of 6.34% and a return on equity of 15.39%. As a group, sell-side analysts forecast that Keyera will post 2.2166667 earnings per share for the current year.

Keyera Company Profile

(Get Free Report)

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. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.

See Also

• Five stocks we like better than Keyera
• Viking Sails to All-Time Highs—Fundamentals Signal More to Come
• Datavalut Gains Traction: 5 Reasons to Sell Now
• TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
• The Power Grid Is Dying—Is It Time to Buy Its Replacement?

Receive News & Ratings for Keyera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keyera and related companies with MarketBeat.com's FREE daily email newsletter.