Keyera (TSE:KEY) PT Set at C$45.00 by TD Securities

Keyera (TSE:KEY - Get Free Report) has been given a C$45.00 target price by equities research analysts at TD Securities in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has a "hold" rating on the stock. TD Securities' price objective suggests a potential upside of 6.26% from the company's previous close.

A number of other brokerages also recently weighed in on KEY. Citigroup raised their target price on shares of Keyera from C$46.00 to C$50.00 in a research note on Monday, November 18th. Royal Bank of Canada raised their price objective on shares of Keyera from C$45.00 to C$46.00 and gave the company an "outperform" rating in a research report on Wednesday, December 11th. ATB Capital lifted their price objective on shares of Keyera from C$43.00 to C$44.00 in a report on Friday, November 15th. Barclays set a C$46.00 target price on Keyera and gave the company an "equal weight" rating in a research note on Thursday, December 12th. Finally, National Bankshares lifted their price target on Keyera from C$38.00 to C$39.00 in a research note on Friday, November 15th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Keyera currently has an average rating of "Moderate Buy" and an average price target of C$44.08.

Keyera Price Performance

Shares of KEY stock traded down C$0.73 on Wednesday, reaching C$42.35. The company's stock had a trading volume of 945,027 shares, compared to its average volume of 940,024. The company has a market capitalization of C$9.70 billion, a P/E ratio of 28.42, a PEG ratio of 1.35 and a beta of 2.09. Keyera has a 12-month low of C$31.16 and a 12-month high of C$47.90. The stock's 50 day simple moving average is C$44.52 and its 200-day simple moving average is C$41.87. The company has a quick ratio of 0.57, a current ratio of 1.30 and a debt-to-equity ratio of 143.51.

Insider Activity at Keyera

In other news, Director James Vance Bertram sold 50,000 shares of Keyera stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$46.38, for a total transaction of C$2,318,750.00. 0.39% of the stock is currently owned by company insiders.

About Keyera

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.