Keyera (TSE:KEY) had its price objective lowered by stock analysts at Scotiabank from C$41.00 to C$39.00 in a research report issued to clients and investors on Monday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 12.59% from the company’s current price.

KEY has been the subject of a number of other research reports. Raymond James Financial lowered their target price on Keyera from C$45.00 to C$44.00 and set an “outperform” rating for the company in a report on Thursday, August 17th. Royal Bank Of Canada lowered their target price on Keyera from C$46.00 to C$45.00 and set an “outperform” rating for the company in a report on Thursday, August 17th. National Bank Financial decreased their price objective on Keyera from C$48.00 to C$45.00 and set an “outperform” rating for the company in a report on Monday. CIBC decreased their price objective on Keyera from C$46.00 to C$45.00 in a report on Tuesday, October 17th. Finally, TD Securities decreased their price objective on Keyera from C$43.00 to C$42.00 and set a “buy” rating for the company in a report on Monday. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of C$43.50.

Keyera (TSE KEY) traded down C$0.16 during trading on Monday, reaching C$34.64. The company’s stock had a trading volume of 837,957 shares, compared to its average volume of 372,353. Keyera has a one year low of C$34.07 and a one year high of C$42.57.

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About Keyera

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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