Keyera Corp (TSE:KEY)‘s stock had its “sector perform” rating reaffirmed by stock analysts at Scotiabank in a research note issued to investors on Wednesday. They currently have a C$41.00 price objective on the stock. Scotiabank’s target price would indicate a potential upside of 6.49% from the company’s previous close.

KEY has been the subject of a number of other research reports. Raymond James Financial, Inc. dropped their price target on Keyera Corp from C$45.00 to C$44.00 and set an “outperform” rating for the company in a research note on Thursday, August 17th. Royal Bank Of Canada dropped their price target on Keyera Corp from C$46.00 to C$45.00 and set an “outperform” rating for the company in a research note on Thursday, August 17th. CIBC dropped their price target on Keyera Corp from C$49.00 to C$46.00 in a research note on Thursday, August 10th. National Bank Financial dropped their price target on Keyera Corp from C$50.00 to C$49.00 and set an “outperform” rating for the company in a research note on Thursday, August 10th. Finally, TD Securities dropped their price target on Keyera Corp from C$46.00 to C$44.00 and set a “buy” rating for the company in a research note on Friday, August 11th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of C$44.86.

Keyera Corp (KEY) traded up 0.03% during midday trading on Wednesday, hitting $38.51. 444,052 shares of the stock traded hands. The stock has a market capitalization of $7.26 billion and a PE ratio of 28.57. The firm’s 50 day moving average is $37.35 and its 200-day moving average is $39.06. Keyera Corp has a 12-month low of $35.31 and a 12-month high of $42.57.

WARNING: This report was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/10/11/keyera-corp-key-given-sector-perform-rating-at-scotiabank.html.

In other Keyera Corp news, insider Graham Charles Balzun sold 2,100 shares of the business’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of C$35.59, for a total transaction of C$74,739.00. Also, Director Donald J. Nelson bought 1,850 shares of the stock in a transaction on Wednesday, August 16th. The shares were acquired at an average cost of C$35.69 per share, with a total value of C$66,026.50.

About Keyera Corp

Keyera Corp. is engaged in energy midstream businesses, and operates in oil and gas sector between upstream and downstream sectors. The Company is organized into two business units: Gathering and Processing Business Unit and Liquids Business Unit. The Gathering and Processing Business Unit 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 (NGLs).

Analyst Recommendations for Keyera Corp (TSE:KEY)

Receive News & Stock Ratings for Keyera Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keyera Corp and related stocks with our FREE daily email newsletter.