Free Trial

Royal Bank Of Canada Increases Keyera (TSE:KEY) Price Target to C$53.00

Keyera logo with Energy background

Keyera (TSE:KEY - Get Free Report) had its target price upped by equities research analysts at Royal Bank Of Canada from C$46.00 to C$53.00 in a report released on Friday,BayStreet.CA reports. Royal Bank Of Canada's target price would suggest a potential upside of 19.72% from the stock's previous close.

Several other equities analysts have also recently issued reports on KEY. National Bankshares boosted their target price on shares of Keyera from C$41.00 to C$43.00 and gave the company a "sector perform" rating in a research note on Thursday, May 22nd. CIBC reduced their price objective on shares of Keyera from C$48.00 to C$47.00 and set an "outperform" rating for the company in a research report on Thursday, April 24th. BMO Capital Markets upgraded shares of Keyera from a "hold" rating to a "strong-buy" rating and upped their price objective for the stock from C$45.50 to C$54.00 in a research report on Wednesday. TD Securities upped their price objective on shares of Keyera from C$47.00 to C$51.00 in a research report on Friday. Finally, Scotiabank upped their price objective on shares of Keyera from C$50.00 to C$51.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Three analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$49.00.

View Our Latest Stock Report on KEY

Keyera Stock Performance

Shares of KEY stock traded up C$0.48 during trading hours on Friday, hitting C$44.27. The company's stock had a trading volume of 3,859,214 shares, compared to its average volume of 1,317,167. The company has a 50 day moving average of C$42.56 and a 200 day moving average of C$42.72. The stock has a market cap of C$10.20 billion, a PE ratio of 22.82, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. The company has a current ratio of 1.31, a quick ratio of 0.57 and a debt-to-equity ratio of 137.59. Keyera has a 12-month low of C$35.35 and a 12-month high of C$47.90.

About Keyera

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Keyera (TSE:KEY)

Should You Invest $1,000 in Keyera Right Now?

Before you consider Keyera, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Keyera wasn't on the list.

While Keyera currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Bought This Stock at the Bottom—Will You Miss It?
The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines