Keyera Corp. (KEY) Gets a Buy Rating from Canaccord Genuity


Keyera Corp. (KEY), the Materials sector company, was revisited by a Wall Street analyst on May 15. Analyst David Galison from Canaccord Genuity remains bullish on the stock and has a C$39 price target.

According to TipRanks.com, Galison is ranked #543 out of 5184 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Keyera Corp. with a C$38.79 average price target, a 14.1% upside from current levels. In a report issued on May 15, Raymond James also maintained a Buy rating on the stock with a C$42 price target.

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Keyera Corp.’s market cap is currently C$7.15B and has a P/E ratio of 17.8. The company has a Price to Book ratio of 2.62.

Keyera Corp. engages in the provision of energy midstream business. It involves in the exploration, and production of oil and gas and services including refining, distribution, as well as retail and marketing of finished products. It operates through the Gathering and Processing; and Liquid Business units.

The company’s shares closed on Friday at C$33.99.

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