A number of other equities analysts have also issued reports on KEY. BMO Capital Markets lowered their target price on shares of Keyera from C$43.00 to C$42.00 in a research report on Tuesday, February 6th. Canaccord Genuity lowered their target price on shares of Keyera from C$46.00 to C$43.00 in a research report on Wednesday, February 14th. Scotiabank lowered their price objective on shares of Keyera from C$39.00 to C$38.00 and set a sector perform rating on the stock in a research report on Tuesday, February 20th. GMP Securities lifted their price objective on shares of Keyera from C$37.00 to C$38.00 in a research report on Tuesday, April 3rd. Finally, Industrial Alliance Securities lowered shares of Keyera from a strong-buy rating to a buy rating and lifted their price objective for the company from C$42.00 to C$43.00 in a research report on Monday, April 30th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average price target of C$43.09.
Keyera stock traded up C$0.40 during mid-day trading on Wednesday, hitting C$36.08. The company had a trading volume of 1,035,577 shares, compared to its average volume of 534,469. Keyera has a 1 year low of C$31.20 and a 1 year high of C$41.49.
Keyera (TSE:KEY) last announced its earnings results on Tuesday, May 8th. The company reported C$0.43 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.43. The business had revenue of C$1.08 billion for the quarter, compared to analyst estimates of C$900.50 million. Keyera had a net margin of 8.57% and a return on equity of 15.95%.
The firm also recently announced a monthly dividend, which will be paid on Monday, July 16th. Shareholders of record on Friday, June 22nd will be issued a $0.14 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date of this dividend is Thursday, June 21st.
Keyera Company Profile
Keyera Corp. engages in the transportation, storage, and marketing of natural gas liquids (NGLs) and iso-octane in Canada and the United States. The company's Marketing segment is involved in the marketing of NGLs, such as propane, butane, condensate, sulphur, and iso-octane, as well as various crude oil midstream activities.
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