Keyera (TSE:KEY) had its target price decreased by Canaccord Genuity from C$46.00 to C$43.00 in a research note issued to investors on Wednesday.

Several other analysts have also recently commented on KEY. BMO Capital Markets lowered their target price on Keyera from C$43.00 to C$42.00 in a research report on Tuesday, February 6th. National Bank Financial lowered their target price on Keyera from C$45.00 to C$43.00 and set an outperform rating on the stock in a research report on Monday, January 29th. Scotiabank lowered their target price on Keyera from C$41.00 to C$39.00 and set a sector perform rating on the stock in a research report on Monday, December 11th. TD Securities lowered their price target on Keyera from C$44.00 to C$43.00 and set a buy rating on the stock in a research report on Thursday, November 9th. Finally, CIBC lowered their price target on Keyera from C$46.00 to C$45.00 in a research report on Tuesday, October 17th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Keyera currently has an average rating of Buy and an average price target of C$42.88.

Shares of Keyera (TSE KEY) opened at C$32.66 on Wednesday. Keyera has a 1 year low of C$31.20 and a 1 year high of C$42.57. The company has a market capitalization of $6,680.00, a P/E ratio of 25.72 and a beta of 0.80.

The company also recently declared a monthly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 15th will be given a dividend of $0.14 per share. This represents a $1.68 annualized dividend and a dividend yield of 5.14%. The ex-dividend date of this dividend is Thursday, February 22nd. Keyera’s dividend payout ratio (DPR) is presently 128.15%.

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Keyera Company Profile

Keyera Corp. is engaged in energy midstream businesses, and operates in oil and gas sector between upstream and downstream sectors. The Company is organized into two business units: Gathering and Processing Business Unit and Liquids Business Unit. The Gathering and Processing Business Unit 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 (NGLs).

Analyst Recommendations for Keyera (TSE:KEY)

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