Keyera Corp (TSE:KEY) had its price target dropped by equities research analysts at Royal Bank Of Canada from C$46.00 to C$45.00 in a research note issued on Friday. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 21.46% from the company’s previous close.

Several other equities research analysts also recently commented on the stock. Scotiabank decreased their target price on shares of Keyera Corp from C$42.00 to C$41.00 and set a “sector perform” rating for the company in a research report on Friday. Raymond James Financial, Inc. decreased their target price on shares of Keyera Corp from C$45.00 to C$44.00 and set an “outperform” rating for the company in a research report on Friday. TD Securities decreased their target price on shares of Keyera Corp from C$46.00 to C$44.00 and set a “buy” rating for the company in a research report on Friday. National Bank Financial decreased their target price on shares of Keyera Corp from C$50.00 to C$49.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, CIBC decreased their target price on shares of Keyera Corp from C$49.00 to C$46.00 in a research report on Thursday. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Keyera Corp currently has an average rating of “Buy” and a consensus price target of C$44.56.

Shares of Keyera Corp (TSE:KEY) traded down 1.46% during trading on Friday, hitting $36.51. The stock had a trading volume of 1,253,938 shares. The company has a market capitalization of $6.80 billion and a P/E ratio of 27.21. The firm has a 50-day moving average of $39.75 and a 200 day moving average of $39.59. Keyera Corp has a 1-year low of $36.44 and a 1-year high of $43.21.

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In other news, insider Michael Andrew Freeman sold 7,300 shares of the stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of C$41.49, for a total transaction of C$302,877.00. Also, insider Bradley Wayne Lock sold 7,500 shares of the stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of C$41.10, for a total transaction of C$308,250.00.

About Keyera Corp

Keyera Corp. operates as an energy midstream company in Canada and the United States. The company operates through Gathering and Processing, and Liquids business units. It owns and operates 15 raw gas gathering pipelines and processing plants with approximately 5,000 kilometers to collect and process raw natural gas, remove waste products, and separate the economic components.

Analyst Recommendations for Keyera Corp (TSE:KEY)

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