Other research analysts have also issued reports about the company. CIBC reduced their price target on Keyera from C$46.00 to C$45.00 in a research report on Wednesday, October 24th. Raymond James upped their target price on Keyera from C$42.00 to C$43.00 in a research report on Friday, October 5th. Finally, BMO Capital Markets upped their target price on Keyera from C$41.00 to C$43.00 in a research report on Tuesday, September 11th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average price target of C$41.55.
KEY opened at C$29.53 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.84 and a debt-to-equity ratio of 85.63. Keyera has a 12 month low of C$29.35 and a 12 month high of C$38.91.
The firm also recently announced a monthly dividend, which will be paid on Monday, December 17th. Investors of record on Monday, December 17th will be given a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a yield of 6.10%. The ex-dividend date of this dividend is Wednesday, November 21st. Keyera’s dividend payout ratio is currently 105.39%.
In related news, insider Michael Andrew Freeman sold 3,200 shares of the company’s stock in a transaction dated Tuesday, August 21st. The stock was sold at an average price of C$37.23, for a total transaction of C$119,136.00.
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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