Keyera Corp (TSE:KEY)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$28.08 and last traded at C$28.22, with a volume of 149766 shares changing hands. The stock had previously closed at C$29.23.
A number of brokerages recently issued reports on KEY. BMO Capital Markets increased their target price on shares of Keyera from C$41.00 to C$43.00 in a research report on Tuesday, September 11th. Raymond James raised their price objective on shares of Keyera from C$42.00 to C$43.00 in a research report on Friday, October 5th. CIBC reduced their price objective on shares of Keyera from C$46.00 to C$45.00 in a research note on Wednesday, October 24th. National Bank Financial reduced their price objective on shares of Keyera from C$45.00 to C$44.00 and set an “outperform” rating for the company in a research note on Wednesday, November 7th. Finally, Royal Bank of Canada reduced their price objective on shares of Keyera from C$45.00 to C$39.00 and set an “outperform” rating for the company in a research note on Thursday, November 8th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of C$41.55.
The company has a current ratio of 0.97, a quick ratio of 0.60 and a debt-to-equity ratio of 87.04.
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Keyera Company Profile (TSE:KEY)
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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