Keyera (TSE:KEY) Price Target Raised to C$67.00 at Raymond James Financial

Keyera (TSE:KEY) had its price objective hoisted by Raymond James Financial from C$65.00 to C$67.00 in a research report report published on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

KEY has been the topic of a number of other research reports. Citigroup boosted their price target on shares of Keyera from C$51.00 to C$58.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Barclays boosted their price target on shares of Keyera from C$48.00 to C$53.00 and gave the company an “equal weight” rating in a report on Thursday, April 9th. National Bank Financial boosted their price target on shares of Keyera from C$48.00 to C$50.00 and gave the company a “sector perform” rating in a report on Friday. BMO Capital Markets boosted their price target on shares of Keyera from C$55.00 to C$60.00 and gave the company an “outperform” rating in a report on Friday. Finally, Scotia boosted their price target on shares of Keyera from C$55.00 to C$60.00 and gave the company a “sector outperform” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Keyera currently has an average rating of “Moderate Buy” and a consensus target price of C$56.69.

Keyera Stock Up 4.2%

TSE KEY opened at C$57.44 on Friday. The company has a debt-to-equity ratio of 249.10, a current ratio of 1.60 and a quick ratio of 0.57. The company’s 50 day simple moving average is C$52.36 and its 200 day simple moving average is C$47.71. Keyera has a 12 month low of C$40.09 and a 12 month high of C$57.63. The company has a market capitalization of C$13.17 billion, a P/E ratio of 30.39, a PEG ratio of 1.35 and a beta of 0.56.

Keyera (TSE:KEY) last released its earnings results on Thursday, May 14th. The company reported C($0.53) EPS for the quarter. Keyera had a return on equity of 6.59% and a net margin of 2.73%.The business had revenue of C$1.30 billion during the quarter. Equities research analysts expect that Keyera will post 2.2166667 earnings per share for the current fiscal year.

Keyera Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.54 per share. The ex-dividend date was Monday, March 16th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.8%. Keyera’s payout ratio is currently 112.17%.

More Keyera News

Here are the key news stories impacting Keyera this week:

• Positive Sentiment: Multiple brokerages raised their price targets on Keyera, including BMO, TD, Raymond James, Scotia, Royal Bank of Canada, ATB Cormark, and National Bank Financial. Several firms kept bullish ratings such as “outperform,” “buy,” and “sector outperform,” suggesting analysts see further upside despite the recent run-up. Article Title
• Positive Sentiment: Keyera completed its acquisition of Plains’ Canadian natural gas liquids business, a deal that could strengthen long-term scale and cash flow, even though it faced scrutiny from Canada’s Competition Bureau. Article Title
• Neutral Sentiment: Keyera also announced its quarterly dividend and second-quarter 2026 distribution, which supports the income-investor case but does not appear to be a new catalyst by itself. Article Title
• Negative Sentiment: The company reported a first-quarter loss of C$122 million and revenue that declined from a year ago, with market commentary pointing to a maintenance outage as a drag on results. That weak earnings update may limit enthusiasm after the analyst upgrades. Article Title

About Keyera

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.