Keyera (TSE:KEY) Given a C$46.00 Price Target at Barclays

Keyera (TSE:KEY) has been given a C$46.00 price target by investment analysts at Barclays in a research report issued on Thursday,BayStreet.CA reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s target price suggests a potential upside of 3.53% from the company’s current price.

KEY has been the topic of several other research reports. ATB Capital raised their price objective on Keyera from C$43.00 to C$44.00 in a report on Friday, November 15th. National Bankshares lifted their target price on Keyera from C$38.00 to C$39.00 in a research note on Friday, November 15th. Scotiabank upped their price target on Keyera from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Wednesday. Raymond James boosted their target price on Keyera from C$47.00 to C$48.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, BMO Capital Markets upped their target price on Keyera from C$41.00 to C$44.00 in a report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Keyera currently has a consensus rating of “Moderate Buy” and an average target price of C$43.62.

Keyera Stock Down 1.1 %

Shares of KEY traded down C$0.48 during mid-day trading on Thursday, reaching C$44.43. The company’s stock had a trading volume of 174,755 shares, compared to its average volume of 1,022,507. 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 12-month low of C$31.16 and a 12-month high of C$47.90. The stock has a market cap of C$10.18 billion, a PE ratio of 29.81, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. The company’s 50 day moving average is C$44.34 and its 200 day moving average is C$40.62.

Insider Activity

In other Keyera news, Director James Vance Bertram sold 50,000 shares of the company’s stock in a transaction that occurred 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. Insiders own 0.39% of the company’s stock.

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.