Keyera Corp. (TSE:KEY) Receives C$51.27 Consensus Target Price from Brokerages

Key Points

• Keyera Corp. has received a consensus rating of "Buy" from 13 analysts, with an average twelve-month price target of C$51.27.
• The company's recent quarterly dividend was C$0.52 per share, yielding 4.9%, and its dividend payout ratio is currently at 107.20%.
• Keyera stock has a market capitalization of C$9.85 billion, with a one-year high of C$47.90 and a low of C$37.80.

Shares of Keyera Corp. (TSE:KEY - Get Free Report) have earned a consensus rating of "Buy" from the thirteen ratings firms that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and four have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$51.27.

KEY has been the topic of several analyst reports. Royal Bank Of Canada raised their price target on shares of Keyera from C$46.00 to C$53.00 and gave the company an "outperform" rating in a research note on Friday, June 20th. National Bankshares set a C$45.00 price target on shares of Keyera and gave the company a "sector perform" rating in a research note on Friday, June 20th. ATB Capital raised their price target on shares of Keyera from C$46.00 to C$48.00 and gave the company a "sector perform" rating in a research note on Monday, June 23rd. CIBC raised their price target on shares of Keyera from C$47.00 to C$56.00 and gave the company an "outperform" rating in a research note on Monday, June 23rd. Finally, Raymond James Financial raised their price target on shares of Keyera from C$51.00 to C$59.00 and gave the company an "outperform" rating in a research note on Monday, June 23rd.

Keyera Stock Performance

TSE KEY traded up C$0.06 during trading hours on Monday, reaching C$43.43. The company's stock had a trading volume of 403,488 shares, compared to its average volume of 1,265,124. The company has a current ratio of 1.31, a quick ratio of 0.57 and a debt-to-equity ratio of 137.59. The business has a 50-day simple moving average of C$43.14 and a 200 day simple moving average of C$42.63. Keyera has a 52 week low of C$37.80 and a 52 week high of C$47.90. The stock has a market cap of C$10.00 billion, a PE ratio of 22.38, a PEG ratio of 1.35 and a beta of 2.09.

Keyera Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, June 16th. Keyera's dividend payout ratio (DPR) is presently 107.20%.

Keyera Company Profile

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.