Keyera Corp. (OTCMKTS:KEYUF) Receives Average Recommendation of “Buy” from Brokerages

Keyera Corp. (OTCMKTS:KEYUF) has received a consensus rating of “Buy” from the eight research firms that are covering the firm, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation.

KEYUF has been the subject of several research reports. Scotiabank reiterated an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. BMO Capital Markets reissued an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Citigroup restated a “buy” rating on shares of Keyera in a report on Tuesday, May 19th. National Bank Financial raised shares of Keyera from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, June 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Keyera in a report on Tuesday, June 16th.

Keyera Stock Up 1.2%

Shares of KEYUF stock opened at $42.28 on Friday. The business’s fifty day moving average is $40.85 and its 200 day moving average is $37.73. Keyera has a twelve month low of $28.74 and a twelve month 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.