Keyera (TSE:KEY) Price Target Raised to C$92.00

Keyera (TSE:KEYFree Report) had its target price upped by Scotia from C$88.00 to C$92.00 in a research note issued to investors on Friday,BayStreet reports. Scotia currently has a sector perform rating on the stock.

A number of other equities analysts have also commented on the stock. Scotiabank raised their price objective on shares of Keyera from C$65.00 to C$66.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 21st. BMO Capital Markets increased their price objective on Keyera from C$60.00 to C$65.00 in a report on Tuesday, June 16th. Raymond James Financial cut their price objective on shares of Keyera from C$66.00 to C$65.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 23rd. Stifel Nicolaus raised their target price on Keyera from C$85.00 to C$90.00 and gave the company a “hold” rating in a report on Friday. Finally, Canadian Imperial Bank of Commerce boosted their price target on Keyera from C$63.00 to C$65.00 in a research report on Tuesday, June 16th. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$73.00.

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Keyera Stock Performance

TSE:KEY opened at C$56.33 on Friday. The firm has a market cap of C$16.53 billion, a price-to-earnings ratio of 36.82, a price-to-earnings-growth ratio of 1.35 and a beta of 0.46. Keyera has a twelve month low of C$40.09 and a twelve month high of C$61.41. The company has a 50-day moving average of C$58.72 and a 200-day moving average of C$55.64. The company has a current ratio of 1.22, a quick ratio of 0.57 and a debt-to-equity ratio of 160.65.

Keyera (TSE:KEYGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$1.19 EPS for the quarter. Keyera had a return on equity of 10.81% and a net margin of 5.02%.The company had revenue of C$2.40 billion during the quarter. Analysts forecast that Keyera will post 2.2166667 earnings per share for the current fiscal year.

Keyera Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.5625 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.25 dividend on an annualized basis and a yield of 4.0%. This is a positive change from Keyera’s previous quarterly dividend of $0.54. Keyera’s dividend payout ratio (DPR) is presently 141.18%.

Key Keyera News

Here are the key news stories impacting Keyera this week:

  • Positive Sentiment: Keyera lowered its marketing-margin expectations because of the Line 5 disruption but also provided an operational update and 2026 marketing guidance. The impact may be partly temporary, though reduced margins could weigh on near-term earnings. Keyera Lowers Marketing Margin Guidance Amid Line 5 Disruption Keyera Announces 2026 Marketing Guidance Update and Provides Operational Update
  • Positive Sentiment: Several analysts remain constructive. Citigroup raised its target to C$106 from C$102, Desjardins increased its target to C$112 from C$103, and Scotia lifted its target to C$92 from C$88; each represents a buy or sector-supportive view. TD and BMO reduced their targets modestly to C$67 and C$64, respectively, but retained “buy” and “outperform” ratings.
  • Positive Sentiment: Keyera announced a quarterly dividend of C$0.5625 per share, a 4.2% increase from C$0.54. The dividend is payable September 29 to shareholders of record September 15, with an indicated yield of approximately 3.8%.
  • Neutral Sentiment: Stifel raised its target to C$90 from C$85 but kept a “hold” rating, while Scotia’s “sector perform” view signals a more balanced near-term outlook despite its higher target.

About Keyera

(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.

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Analyst Recommendations for Keyera (TSE:KEY)

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