Keyera Corp. (OTCMKTS:KEYUF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Keyera Corp. (OTCMKTS:KEYUF) have been assigned an average rating of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company.

A number of research firms have weighed in on KEYUF. BMO Capital Markets reaffirmed an “outperform” rating on shares of Keyera in a report on Friday, February 13th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Keyera in a research note on Tuesday, February 17th. Scotiabank reiterated an “outperform” rating on shares of Keyera in a research note on Friday, January 16th. Citigroup reiterated a “buy” rating on shares of Keyera in a research note on Monday, February 23rd. Finally, TD Securities reiterated a “buy” rating on shares of Keyera in a research note on Friday, February 13th.

Keyera Stock Up 2.2%

OTCMKTS KEYUF opened at $37.96 on Friday. The stock’s 50 day moving average is $37.94 and its two-hundred day moving average is $34.28. Keyera has a 1-year low of $27.97 and a 1-year high of $39.94.

About Keyera

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.