Keyera (TSE:KEY) had its target price lowered by National Bank Financial from C$48.00 to C$45.00 in a research report released on Monday. The firm currently has an outperform rating on the stock.

A number of other research analysts also recently commented on KEY. BMO Capital Markets reiterated an outperform rating and set a C$43.00 price objective on shares of Keyera in a research note on Monday. Raymond James Financial reduced their price target on shares of Keyera from C$45.00 to C$44.00 and set an outperform rating on the stock in a research report on Thursday, August 17th. CIBC reduced their price target on shares of Keyera from C$46.00 to C$45.00 in a research report on Monday. TD Securities reduced their price target on shares of Keyera from C$46.00 to C$44.00 and set a buy rating on the stock in a research report on Thursday, August 17th. Finally, Scotiabank reduced their price target on shares of Keyera from C$42.00 to C$41.00 and set a sector perform rating on the stock in a research report on Thursday, August 17th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of C$43.50.

Keyera (KEY) opened at C$34.87 on Monday. Keyera has a 52 week low of C$34.07 and a 52 week high of C$42.57.

The business also recently announced a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 22nd will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $1.68 annualized dividend and a yield of 4.82%. Keyera’s payout ratio is 128.15%.

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Keyera Company Profile

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 (TSE:KEY)

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