Keyera (TSE:KEY) PT Set at C$45.00 by TD Securities

Keyera (TSE:KEY) has been assigned a C$45.00 price target by equities researchers at TD Securities in a report issued on Wednesday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ price objective suggests a potential upside of 6.23% from the company’s current price.

KEY has been the subject of a number of other research reports. Scotiabank boosted their price target on Keyera from C$48.00 to C$50.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. BMO Capital Markets raised their price target on shares of Keyera from C$41.00 to C$44.00 in a research note on Friday, November 15th. Raymond James boosted their target price on shares of Keyera from C$47.00 to C$48.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Barclays set a C$46.00 target price on Keyera and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Finally, Citigroup boosted their price objective on Keyera from C$46.00 to C$50.00 in a research report on Monday, November 18th. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$44.08.

Keyera Stock Down 1.7 %

TSE:KEY traded down C$0.72 on Wednesday, hitting C$42.36. 351,772 shares of the company’s stock were exchanged, compared to its average volume of 878,499. The company has a market cap of C$9.71 billion, a P/E ratio of 28.43, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. Keyera has a 52 week low of C$31.16 and a 52 week high of C$47.90. The firm has a 50-day moving average price of C$44.52 and a 200-day moving average price of C$41.87. The company has a debt-to-equity ratio of 143.51, a current ratio of 1.30 and a quick ratio of 0.57.

Insider Activity

In other news, Director James Vance Bertram sold 50,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$46.38, for a total transaction of C$2,318,750.00. Insiders own 0.39% of the company’s stock.

About Keyera

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.