In a report released on October 27, Maurice Choy from RBC Capital maintained a Buy rating on Keyera Corp. (KEY – Research Report), with a price target of C$45.00. The company’s shares closed yesterday at C$42.63.
According to TipRanks, Choy is a 4-star analyst with an average return of 9.7% and a 57.14% success rate. Choy covers the Utilities sector, focusing on stocks such as Emera, Fortis, and TransAlta.
Keyera Corp. has an analyst consensus of Moderate Buy, with a price target consensus of C$44.75, representing a 4.97% upside. In a report released on October 10, Raymond James also initiated coverage with a Buy rating on the stock with a C$47.00 price target.
Based on Keyera Corp.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$369.75 million and a net profit of C$142.18 million. In comparison, last year the company earned a revenue of C$370.81 million and had a net profit of C$131.29 million
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Keyera Corp. (KEY) Company Description:
Keyera operates as a midstream energy business in western Canada. Its primary operations consist of gathering, processing, and fractionation of natural gas in western Canada; storage and transportation of crude oil and natural gas byproducts; and marketing of natural gas liquids. The company operates over 5,000 kilometers of gathering pipelines and 15 natural gas processing plants.
