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

Shares of Keyera Corp. (OTCMKTS:KEYUF) have received a consensus recommendation of “Buy” from the eight research firms that are covering the stock, MarketBeat reports. Eight investment analysts have rated the stock with a buy recommendation.

KEYUF has been the topic of several analyst reports. National Bank Financial raised shares of Keyera from a “sector perform” rating to an “outperform” rating in a report on Tuesday, June 16th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Keyera in a research report on Tuesday, June 16th. Citigroup restated a “buy” rating on shares of Keyera in a research note on Tuesday, May 19th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Finally, TD Securities restated a “buy” rating on shares of Keyera in a research report on Thursday, July 16th.

Keyera Price Performance

Shares of OTCMKTS:KEYUF opened at $42.90 on Friday. Keyera has a 1-year low of $28.74 and a 1-year high of $42.95. The business’s 50 day moving average is $41.22 and its 200-day moving average is $38.09.

Keyera Company Profile

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.