Keyera (OTCMKTS:KEYUF) Shares Up 1.2% – Here’s What Happened

Keyera Corp. (OTCMKTS:KEYUF) shares rose 1.2% on Tuesday . The company traded as high as $43.18 and last traded at $43.18. 131,563 shares were traded during trading, an increase of 12% from the average session volume of 117,558 shares. The stock had previously closed at $42.66.

Analysts Set New Price Targets

KEYUF has been the subject of several recent research reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Citigroup reaffirmed a “buy” rating on shares of Keyera in a research report on Tuesday, August 18th. BMO Capital Markets reiterated an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. National Bank Financial raised shares of Keyera from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, June 16th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Keyera in a research report on Monday, August 10th. Seven investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Keyera Trading Up 1.2%

The company has a fifty day simple moving average of $41.80 and a two-hundred day simple moving average of $39.98.

Keyera Company Profile

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.