Keyera Corp. (OTCMKTS:KEYUF) Receives Consensus Rating of “Buy” from Brokerages

Keyera Corp. (OTCMKTS:KEYUF) has earned an average recommendation of “Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation.

Several analysts have commented on the stock. Citigroup reissued a “buy” rating on shares of Keyera in a research report on Tuesday, May 19th. Scotiabank restated an “outperform” rating on shares of Keyera in a report on Tuesday, July 21st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Keyera in a report on Monday. Finally, TD Securities reissued a “buy” rating on shares of Keyera in a research report on Thursday, July 16th.

Keyera Stock Performance

OTCMKTS:KEYUF opened at $40.60 on Tuesday. The stock’s 50 day moving average price is $41.27 and its 200 day moving average price is $39.00. Keyera has a 52 week low of $28.74 and a 52 week high of $43.22.

About Keyera

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.