Keyera (TSE:KEY) Given a C$45.00 Price Target by TD Securities Analysts

TD Securities set a C$45.00 price objective on Keyera (TSE:KEY) in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a hold rating on the stock.

KEY has been the subject of a number of other research reports. ATB Capital upped their price target on shares of Keyera from C$43.00 to C$44.00 in a report on Friday, November 15th. Royal Bank of Canada lifted their price target on shares of Keyera from C$45.00 to C$46.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Raymond James lifted their price target on Keyera from C$47.00 to C$48.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Jefferies Financial Group boosted their target price on Keyera from C$43.00 to C$47.00 and gave the stock a “buy” rating in a research note on Monday, September 30th. Finally, Citigroup upped their price objective on Keyera from C$46.00 to C$50.00 in a research note on Monday, November 18th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$44.08.

Keyera Trading Down 1.7 %

KEY stock opened at C$42.35 on Wednesday. The stock has a market cap of C$9.70 billion, a price-to-earnings ratio of 28.42, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. The company has a debt-to-equity ratio of 143.51, a current ratio of 1.30 and a quick ratio of 0.57. Keyera has a one year low of C$31.16 and a one year high of C$47.90. The company has a fifty day moving average price of C$44.52 and a two-hundred day moving average price of C$41.87.

Keyera Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were given a dividend of $0.52 per share. The ex-dividend date was Friday, December 13th. This represents a $2.08 annualized dividend and a dividend yield of 4.91%. Keyera’s dividend payout ratio (DPR) is presently 139.60%.

Insider Buying and Selling

In other news, Director James Vance Bertram sold 50,000 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$46.38, for a total value of C$2,318,750.00. 0.39% of the stock is owned by corporate insiders.

Keyera Company Profile

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.