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

TD Securities set a C$45.00 target price on Keyera (TSE:KEY) in a report issued on Wednesday morning, Marketbeat.com reports. The brokerage currently has a hold rating on the stock.

Several other research analysts have also weighed in on KEY. Barclays set a C$46.00 price target on Keyera and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. ATB Capital upped their price target on shares of Keyera from C$43.00 to C$44.00 in a research report on Friday, November 15th. BMO Capital Markets increased their price target on shares of Keyera from C$41.00 to C$44.00 in a research note on Friday, November 15th. National Bankshares boosted their price objective on shares of Keyera from C$38.00 to C$39.00 in a research note on Friday, November 15th. Finally, Raymond James raised their target price on shares of Keyera from C$47.00 to C$48.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$44.08.

Keyera Price Performance

TSE:KEY opened at C$41.95 on Wednesday. Keyera has a 52-week low of C$31.16 and a 52-week high of C$47.90. The company has a market cap of C$9.61 billion, a P/E ratio of 28.15, a P/E/G ratio of 1.35 and a beta of 2.09. The company has a debt-to-equity ratio of 143.51, a quick ratio of 0.57 and a current ratio of 1.30. The stock’s 50-day simple moving average is C$44.45 and its 200 day simple moving average is C$41.96.

Keyera Dividend Announcement

The company also recently disclosed 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. This represents a $2.08 annualized dividend and a yield of 4.96%. The ex-dividend date was Friday, December 13th. Keyera’s payout ratio is 139.60%.

Insider Transactions at Keyera

In other Keyera news, Director James Vance Bertram sold 50,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$46.38, for a total transaction 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.