Keyera Corp. (KEY) has received a rating update from a Wall Street analyst today. Analyst Robert Kwan from RBC Capital rated Keyera Corp. (KEY) a Buy, setting a C$41 price target.
Kwan has an average return of 4.5% when recommending Keyera Corp..
According to TipRanks.com, Kwan is ranked #145 out of 5183 analysts.
Keyera Corp. has an analyst consensus of Strong Buy, with a price target consensus of C$37.50, implying a 12.6% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a C$40 price target.
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Based on Keyera Corp.’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of C$165 million. In comparison, last year the company had a net profit of C$87.72 million.
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 Thursday at C$33.30.
