Keyera Corp. (KEY), the Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Chris Cox from Raymond James reiterated a Buy rating, with a C$40 price target.
According to TipRanks.com, Cox is a 1-star analyst with an average return of -1.6% and a 45.6% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Pengrowth Energy Corp, and Crescent Point Energy.
Currently, the analyst consensus on Keyera Corp. is a Strong Buy with an average price target of C$39.88.
Keyera Corp.’s market cap is currently C$5.78B and has a P/E ratio of 17.7. The company has a Price to Book ratio of 2.23.
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$27.62, close to its 52-week low of C$27.27.
