Keyera (TSE:KEY) Price Target Raised to C$106.00

Keyera (TSE:KEY) had its target price increased by Citigroup from C$102.00 to C$106.00 in a research note issued to investors on Friday morning,BayStreet reports. They currently have a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Jefferies Financial Group set a C$65.00 price target on shares of Keyera and gave the stock a “buy” rating in a research report on Tuesday, May 19th. ATB Cormark Capital Markets lifted their price objective on shares of Keyera from C$55.00 to C$58.00 and gave the company a “sector perform” rating in a report on Tuesday, June 16th. BMO Capital Markets boosted their price objective on shares of Keyera from C$60.00 to C$65.00 in a research note on Tuesday, June 16th. Royal Bank Of Canada upped their target price on Keyera from C$62.00 to C$66.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Barclays increased their target price on Keyera from C$56.00 to C$61.00 in a research report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$73.00.

Keyera Stock Performance

Shares of KEY opened at C$56.33 on Friday. The firm has a market capitalization of C$16.53 billion, a price-to-earnings ratio of 36.82, a PEG ratio of 1.35 and a beta of 0.46. The company has a debt-to-equity ratio of 160.65, a current ratio of 1.22 and a quick ratio of 0.57. Keyera has a 1-year low of C$40.09 and a 1-year high of C$61.41. The company has a 50-day moving average of C$58.72 and a 200 day moving average of C$55.64.

Keyera (TSE:KEY) last released its quarterly earnings data on Thursday, August 6th. The company reported C$1.19 EPS for the quarter. Keyera had a return on equity of 10.81% and a net margin of 5.02%.The company had revenue of C$2.40 billion for the quarter. On average, research analysts expect that Keyera will post 2.2166667 EPS for the current year.

Keyera Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.5625 per share. This is a boost from Keyera’s previous quarterly dividend of $0.54. The ex-dividend date is Tuesday, September 15th. This represents a $2.25 annualized dividend and a dividend yield of 4.0%. Keyera’s dividend payout ratio (DPR) is presently 141.18%.

Key Keyera News

Here are the key news stories impacting Keyera this week:

• Positive Sentiment: Keyera lowered its marketing-margin expectations because of the Line 5 disruption but also provided an operational update and 2026 marketing guidance. The impact may be partly temporary, though reduced margins could weigh on near-term earnings. Keyera Lowers Marketing Margin Guidance Amid Line 5 Disruption Keyera Announces 2026 Marketing Guidance Update and Provides Operational Update
• Positive Sentiment: Several analysts remain constructive. Citigroup raised its target to C$106 from C$102, Desjardins increased its target to C$112 from C$103, and Scotia lifted its target to C$92 from C$88; each represents a buy or sector-supportive view. TD and BMO reduced their targets modestly to C$67 and C$64, respectively, but retained “buy” and “outperform” ratings.
• Positive Sentiment: Keyera announced a quarterly dividend of C$0.5625 per share, a 4.2% increase from C$0.54. The dividend is payable September 29 to shareholders of record September 15, with an indicated yield of approximately 3.8%.
• Neutral Sentiment: Stifel raised its target to C$90 from C$85 but kept a “hold” rating, while Scotia’s “sector perform” view signals a more balanced near-term outlook despite its higher target.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.