Keyera (TSE:KEY) Given a C$45.00 Price Target by National Bankshares Analysts

National Bankshares set a C$45.00 price objective on Keyera (TSE:KEY - Free Report) in a research report report published on Friday,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Other equities research analysts have also recently issued reports about the company. Scotiabank raised their price target on Keyera from C$50.00 to C$51.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd. TD Securities increased their target price on Keyera from C$47.00 to C$51.00 and gave the stock a "buy" rating in a report on Friday. Royal Bank Of Canada raised their target price on Keyera from C$46.00 to C$53.00 and gave the company an "outperform" rating in a research note on Friday. BMO Capital Markets upgraded shares of Keyera from a "hold" rating to a "strong-buy" rating and upped their price target for the stock from C$45.50 to C$54.00 in a research report on Wednesday, June 18th. Finally, Raymond James Financial increased their price objective on shares of Keyera from C$50.00 to C$51.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$51.18.

Keyera Price Performance

Keyera stock traded down C$0.23 during trading hours on Friday, hitting C$44.04. 2,243,670 shares of the stock were exchanged, compared to its average volume of 1,324,888. The stock has a market capitalization of C$10.14 billion, a P/E ratio of 22.70, a P/E/G ratio of 1.35 and a beta of 2.09. The business's 50-day moving average is C$42.56 and its two-hundred day moving average is C$42.67. The company has a debt-to-equity ratio of 137.59, a quick ratio of 0.57 and a current ratio of 1.31. Keyera has a 12 month low of C$35.35 and a 12 month high of C$47.90.

Keyera Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be given a $0.52 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $2.08 annualized dividend and a dividend yield of 4.72%. Keyera's dividend payout ratio is currently 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.