Keyera (TSE:KEY) PT Set at C$68.00 by TD

Keyera (TSE:KEY) received a C$68.00 price target from equities researchers at TD in a research note issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD’s price target points to a potential upside of 19.38% from the company’s current price.

Several other equities research analysts have also commented on KEY. Raymond James Financial upped their price target on Keyera from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. ATB Cormark Capital Markets upped their price target on Keyera from C$54.00 to C$55.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Scotia increased their target price on Keyera from C$55.00 to C$60.00 and gave the company a “sector outperform” rating in a research note on Friday, May 15th. TD Securities increased their target price on Keyera from C$52.00 to C$56.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, National Bank Financial increased their target price on Keyera from C$50.00 to C$56.00 and gave the company a “sector perform” rating in a research note on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Keyera has a consensus rating of “Moderate Buy” and a consensus target price of C$58.29.

Keyera Trading Down 0.6%

TSE:KEY traded down C$0.36 on Tuesday, hitting C$56.96. 419,521 shares of the stock were exchanged, compared to its average volume of 1,482,671. The stock has a market cap of C$13.06 billion, a PE ratio of 72.10, a PEG ratio of 1.35 and a beta of 0.47. The company has a current ratio of 1.60, a quick ratio of 0.57 and a debt-to-equity ratio of 249.10. The stock has a fifty day moving average of C$53.63 and a 200-day moving average of C$49.52. Keyera has a fifty-two week low of C$40.09 and a fifty-two week high of C$59.14.

Keyera (TSE:KEY) last announced its quarterly earnings results on Thursday, May 14th. The company reported C($0.53) EPS for the quarter. The firm 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%. As a group, equities analysts expect that Keyera will post 2.2166667 earnings per share for the current fiscal year.

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.