Keyera (TSE:KEY – Get Rating) had its price target lowered by equities researchers at ATB Capital from C$36.00 to C$35.00 in a research note issued to investors on Thursday, Marketbeat reports. ATB Capital’s target price suggests a potential upside of 21.65% from the stock’s previous close.
A number of other equities analysts also recently issued reports on KEY. CSFB cut their price objective on shares of Keyera from C$38.00 to C$35.50 in a report on Tuesday, October 25th. Credit Suisse Group lowered their target price on Keyera to C$35.50 in a research note on Tuesday, October 25th. National Bankshares lowered their target price on Keyera from C$38.00 to C$35.00 in a research note on Tuesday, October 25th. TD Securities lifted their target price on Keyera from C$37.00 to C$38.00 and gave the stock a “buy” rating in a research note on Friday, August 5th. Finally, Raymond James lifted their target price on Keyera from C$34.00 to C$35.50 and gave the stock a “strong-buy” rating in a research note on Friday, August 5th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$33.96.
Keyera Price Performance
KEY opened at C$28.77 on Thursday. The company has a debt-to-equity ratio of 141.51, a current ratio of 1.12 and a quick ratio of 0.75. The company has a market capitalization of C$6.36 billion and a price-to-earnings ratio of 14.17. The firm’s fifty day moving average price is C$29.29 and its two-hundred day moving average price is C$31.01. Keyera has a 1 year low of C$26.34 and a 1 year high of C$35.48.
Keyera Corp. engages in the energy infrastructure business in Canada. The company operates through Gathering and Processing, Liquids Infrastructure, and Marketing segments. 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 condensate handling services.
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