Keyera (TSE:KEY) Price Target Raised to C$60.00 at Royal Bank Of Canada

Keyera (TSE:KEY) had its price objective boosted by Royal Bank Of Canada from C$55.00 to C$60.00 in a research report sent to investors on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other analysts also recently commented on the stock. Raymond James Financial raised their price objective on shares of Keyera from C$63.00 to C$66.00 in a research report on Monday, March 30th. Citigroup raised their price objective on shares of Keyera from C$51.00 to C$58.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. National Bank Financial raised their price objective on shares of Keyera from C$48.00 to C$50.00 and gave the stock a “sector perform” rating in a research report on Friday. TD Securities raised their price objective on shares of Keyera from C$52.00 to C$56.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, Barclays raised their price objective on shares of Keyera from C$48.00 to C$53.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$56.69.

Keyera Stock Performance

TSE:KEY opened at C$57.44 on Friday. The company has a market capitalization of C$13.17 billion, a PE ratio of 30.39, a P/E/G ratio of 1.35 and a beta of 0.56. The company has a 50 day simple moving average of C$52.36 and a two-hundred day simple moving average of C$47.71. The company has a debt-to-equity ratio of 249.10, a quick ratio of 0.57 and a current ratio of 1.60. Keyera has a fifty-two week low of C$40.09 and a fifty-two week high of C$57.63.

Keyera (TSE:KEY) last posted its quarterly earnings results on Thursday, May 14th. The company reported C($0.53) earnings per share (EPS) for the quarter. The business had revenue of C$1.30 billion for the quarter. Keyera had a return on equity of 6.59% and a net margin of 2.73%. Research analysts anticipate that Keyera will post 2.2166667 earnings per share for the current year.

Keyera Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, March 16th. Keyera’s dividend payout ratio (DPR) is currently 112.17%.

More Keyera News

Here are the key news stories impacting Keyera this week:

• Positive Sentiment: Multiple brokerages raised their price targets on Keyera, including BMO, TD, Raymond James, Scotia, Royal Bank of Canada, ATB Cormark, and National Bank Financial. Several firms kept bullish ratings such as “outperform,” “buy,” and “sector outperform,” suggesting analysts see further upside despite the recent run-up. Article Title
• Positive Sentiment: Keyera completed its acquisition of Plains’ Canadian natural gas liquids business, a deal that could strengthen long-term scale and cash flow, even though it faced scrutiny from Canada’s Competition Bureau. Article Title
• Neutral Sentiment: Keyera also announced its quarterly dividend and second-quarter 2026 distribution, which supports the income-investor case but does not appear to be a new catalyst by itself. Article Title
• Negative Sentiment: The company reported a first-quarter loss of C$122 million and revenue that declined from a year ago, with market commentary pointing to a maintenance outage as a drag on results. That weak earnings update may limit enthusiasm after the analyst upgrades. Article Title

About Keyera

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.