Research Analysts’ Recent Ratings Changes for Keyera (KEY)

Several analysts have recently updated their ratings and price targets for Keyera (TSE: KEY):

• 12/12/2024 – Keyera was given a new C$46.00 price target on by analysts at Barclays PLC. They now have an “equal weight” rating on the stock.
• 12/11/2024 – Keyera had its price target raised by analysts at Royal Bank of Canada from C$45.00 to C$46.00. They now have an “outperform” rating on the stock.
• 12/11/2024 – Keyera had its price target raised by analysts at Raymond James from C$47.00 to C$48.00. They now have an “outperform” rating on the stock.
• 12/11/2024 – Keyera had its price target raised by analysts at Scotiabank from C$48.00 to C$50.00. They now have an “outperform” rating on the stock.
• 11/18/2024 – Keyera had its price target raised by analysts at Citigroup Inc. from C$46.00 to C$50.00.
• 11/15/2024 – Keyera had its price target raised by analysts at ATB Capital from C$43.00 to C$44.00.
• 11/15/2024 – Keyera had its price target raised by analysts at BMO Capital Markets from C$41.00 to C$44.00.
• 11/15/2024 – Keyera had its price target raised by analysts at National Bankshares, Inc. from C$38.00 to C$39.00.

Keyera Trading Up 0.5 %

Shares of TSE:KEY traded up C$0.22 on Wednesday, hitting C$43.52. 227,023 shares of the company’s stock were exchanged, compared to its average volume of 1,050,867. The company has a debt-to-equity ratio of 143.51, a current ratio of 1.30 and a quick ratio of 0.57. The stock has a market capitalization of C$9.97 billion, a price-to-earnings ratio of 29.21, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. The business’s 50 day simple moving average is C$44.29 and its two-hundred day simple moving average is C$41.08. Keyera Corp. has a 12 month low of C$31.16 and a 12 month high of C$47.90.

Keyera Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st will be paid a $0.52 dividend. The ex-dividend date is Friday, December 13th. This represents a $2.08 annualized dividend and a yield of 4.78%. Keyera’s dividend payout ratio (DPR) is currently 139.60%.

Insiders Place Their Bets

In related news, Director James Vance Bertram sold 50,000 shares of Keyera 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. 0.39% of the stock is currently owned by company insiders.

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.