Keyera Corp. (KEY) Receives a Buy from Raymond James
Keyera Corp. (KEY), the Materials sector company was revisited on December 2, and remains undervalued for at least one analyst on the street. The company received a Buy on December 2 from Raymond James’ analyst Chris Cox, with a C$42 price target.
According to TipRanks.com, Cox is a 1-star analyst with an average return of -0.2% and a 47.2% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Pengrowth Energy Corp, and Crescent Point Energy.
Keyera Corp. has an analyst consensus of Strong Buy, with a price target consensus of C$40.13.
The company has a one-year high of C$38.91 and a one-year low of C$27.85. Currently, Keyera Corp. has an average volume of 564K.
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 Tuesday at C$28.55, close to its 52-week low of C$27.85.