Keyera (TSE:KEY) PT Set at C$68.00 by TD

Keyera (TSE:KEY – Get Free Report) has been given a C$68.00 target price by equities research analysts at TD in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD’s price objective points to a potential upside of 19.38% from the company’s current price.

Several other analysts also recently weighed in on KEY. ATB Cormark Capital Markets lifted their target price on Keyera from C$54.00 to C$55.00 and gave the company a “sector perform” rating in a research note on Thursday, May 21st. Scotia lifted their target price on Keyera from C$55.00 to C$60.00 and gave the company a “sector outperform” rating in a research note on Friday, May 15th. Barclays lifted their target price on Keyera from C$48.00 to C$53.00 and gave the company an “equal weight” rating in a research note on Thursday, April 9th. Jefferies Financial Group set a C$65.00 target price on Keyera and gave the company a “buy” rating in a research note on Tuesday, May 19th. Finally, Citigroup lifted their target price on Keyera from C$51.00 to C$58.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$58.29.

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Keyera Stock Performance

Shares of TSE KEY traded down C$0.36 during mid-day trading on Tuesday, hitting C$56.96. The company had a trading volume of 419,521 shares, compared to its average volume of 1,482,671. The firm’s 50 day simple moving average is C$53.63 and its two-hundred day simple moving average is C$49.52. The company has a debt-to-equity ratio of 249.10, a current ratio of 1.60 and a quick ratio of 0.57. The stock has a market cap of C$13.06 billion, a price-to-earnings ratio of 72.10, a PEG ratio of 1.35 and a beta of 0.47. Keyera has a 12 month low of C$40.09 and a 12 month high of C$59.14.

Keyera (TSE:KEY – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported C($0.53) earnings per share for the quarter. The business had revenue of C$1.30 billion for the quarter. Keyera had a net margin of 2.73% and a return on equity of 6.59%. As a group, equities research analysts forecast that Keyera will post 2.2166667 earnings per share for the current year.

Keyera Company Profile

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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.

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