Keyera Corp. (OTCMKTS:KEYUF) Receives Average Rating of “Buy” from Analysts

Shares of Keyera Corp. (OTCMKTS:KEYUF) have been assigned a consensus recommendation of “Buy” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Seven research analysts have rated the stock with a buy rating.

KEYUF has been the topic of a number of analyst reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Keyera in a research note on Tuesday. Citigroup reaffirmed a “buy” rating on shares of Keyera in a research note on Tuesday, May 19th. Scotiabank reiterated an “outperform” rating on shares of Keyera in a report on Friday, May 15th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Keyera in a report on Friday, May 15th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Keyera in a report on Friday, May 15th.

Keyera Stock Up 0.5%

KEYUF opened at $41.48 on Thursday. The stock’s 50 day moving average price is $38.57 and its 200-day moving average price is $35.36. Keyera has a one year low of $27.97 and a one year high of $42.80.

Keyera Company Profile

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.