Keyera (TSE:KEY) Price Target Raised to C$47.00 at Jefferies Financial Group

Keyera (TSE:KEY – Free Report) had its price target increased by Jefferies Financial Group from C$43.00 to C$47.00 in a research note issued to investors on Monday, BayStreet.CA reports. They currently have a buy rating on the stock. A number of other equities analysts also recently weighed in on KEY. Scotiabank upped their price target [...]

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Keyera ( TSE:KEY – Free Report ) had its price target increased by Jefferies Financial Group from C$43.00 to C$47.00 in a research note issued to investors on Monday, BayStreet.

CA reports. They currently have a buy rating on the stock. A number of other equities analysts also recently weighed in on KEY.



Scotiabank upped their price target on Keyera from C$40.00 to C$42.00 and gave the stock an outperform rating in a research report on Monday, July 15th.

BMO Capital Markets increased their price objective on Keyera from C$40.00 to C$41.00 and gave the stock a hold rating in a research report on Thursday, September 5th.

National Bankshares increased their target price on Keyera from C$36.00 to C$38.00 and gave the stock a sector perform rating in a report on Friday, August 23rd.

Citigroup increased their target price on Keyera from C$40.00 to C$46.00 and gave the company a buy rating in a research report on Monday, September 23rd.

Finally, CIBC raised their price objective on Keyera from C$37.00 to C$39.00 in a research report on Monday, July 15th.

Three investment 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 company. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of C$40.91.

Get Our Latest Stock Analysis on KEY Keyera Stock Performance Keyera ( TSE:KEY – Get Free Report ) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.62 earnings per share for the quarter, topping the consensus estimate of C$0.

54 by C$0.08. The firm had revenue of C$1.

72 billion during the quarter. Keyera had a return on equity of 12.02% and a net margin of 4.

86%. On average, research analysts anticipate that Keyera will post 2.1985409 earnings per share for the current fiscal year.

Keyera Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were given a $0.52 dividend.

The ex-dividend date was Friday, September 13th. This represents a $2.08 annualized dividend and a yield of 4.

93%. This is a boost from Keyera’s previous quarterly dividend of $0.50.

Keyera’s payout ratio is currently 139.60%. Insiders Place Their Bets In other Keyera news, Senior Officer Eileen Marikar sold 1,888 shares of the business’s stock in a transaction on Wednesday, August 14th.

The stock was sold at an average price of C$39.70, for a total value of C$74,953.79.

Insiders own 0.39% of the company’s stock. Keyera Company Profile ( Get Free Report ) 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.

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