Keyera Corp. (OTCMKTS:KEYUF) has received an average rating of “Buy” from the thirteen brokerages that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $31.95.
A number of equities research analysts have recently commented on KEYUF shares. Credit Suisse Group cut shares of Keyera from an “outperform” rating to a “neutral” rating in a research note on Thursday, June 17th. Industrial Alliance Securities raised shares of Keyera from a “hold” rating to a “buy” rating in a report on Tuesday, June 1st. National Bank Financial raised their price objective on Keyera from C$35.00 to C$36.00 and gave the company an “outperform” rating in a report on Friday, August 6th. CIBC boosted their price objective on Keyera from C$32.00 to C$36.00 and gave the stock an “outperform” rating in a research note on Friday, June 18th. Finally, Scotiabank lifted their price objective on Keyera from C$32.00 to C$37.00 and gave the stock an “outperform” rating in a research report on Thursday, July 8th.
KEYUF stock remained flat at $$26.30 during trading on Friday. The company had a trading volume of 325 shares, compared to its average volume of 6,690. Keyera has a 52 week low of $13.95 and a 52 week high of $29.50. The stock’s 50-day moving average is $25.08 and its 200-day moving average is $24.16.
Keyera Corp. engages in the operation of assets in the oil and gas industry between the upstream sectors. It operates through the following segments: Gathering and Processing, Liquid Infrastructure, and Marketing, and Other. The Gathering and Processing segment includes 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 (NGLs), before the sales gas is delivered into long-distance pipeline systems for transportation to end-use markets.
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