TD Cuts Keyera (TSE:KEY) Price Target to C$67.00

Keyera (TSE:KEY) had its target price trimmed by TD from C$70.00 to C$67.00 in a research report sent to investors on Friday morning,BayStreet reports. The brokerage currently has a buy rating on the stock.

KEY has been the topic of a number of other reports. National Bank Financial boosted their price target on Keyera from C$61.00 to C$62.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 23rd. ATB Cormark Capital Markets lifted their price objective on Keyera from C$55.00 to C$58.00 and gave the company a “sector perform” rating in a research note on Tuesday, June 16th. Jefferies Financial Group set a C$65.00 target price on Keyera and gave the stock a “buy” rating in a report on Tuesday, May 19th. Barclays increased their target price on Keyera from C$56.00 to C$61.00 in a research note on Friday, August 7th. Finally, Scotiabank raised their price target on Keyera from C$65.00 to C$66.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 21st. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$73.00.

Keyera Stock Performance

Shares of TSE KEY opened at C$56.33 on Friday. Keyera has a 1 year low of C$40.09 and a 1 year high of C$61.41. The stock has a market cap of C$16.53 billion, a P/E ratio of 36.82, a price-to-earnings-growth ratio of 1.35 and a beta of 0.46. The firm has a 50-day moving average of C$58.72 and a 200 day moving average of C$55.64. The company has a debt-to-equity ratio of 160.65, a current ratio of 1.22 and a quick ratio of 0.57.

Keyera (TSE:KEY) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$1.19 EPS for the quarter. The business had revenue of C$2.40 billion for the quarter. Keyera had a net margin of 5.02% and a return on equity of 10.81%. As a group, sell-side analysts expect that Keyera will post 2.2166667 EPS for the current fiscal year.

Keyera Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th will be paid a $0.5625 dividend. This is an increase from Keyera’s previous quarterly dividend of $0.54. This represents a $2.25 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Tuesday, September 15th. Keyera’s dividend payout ratio (DPR) is presently 141.18%.

Trending Headlines about Keyera

Here are the key news stories impacting Keyera this week:

• Positive Sentiment: Keyera lowered its marketing-margin expectations because of the Line 5 disruption but also provided an operational update and 2026 marketing guidance. The impact may be partly temporary, though reduced margins could weigh on near-term earnings. Keyera Lowers Marketing Margin Guidance Amid Line 5 Disruption Keyera Announces 2026 Marketing Guidance Update and Provides Operational Update
• Positive Sentiment: Several analysts remain constructive. Citigroup raised its target to C$106 from C$102, Desjardins increased its target to C$112 from C$103, and Scotia lifted its target to C$92 from C$88; each represents a buy or sector-supportive view. TD and BMO reduced their targets modestly to C$67 and C$64, respectively, but retained “buy” and “outperform” ratings.
• Positive Sentiment: Keyera announced a quarterly dividend of C$0.5625 per share, a 4.2% increase from C$0.54. The dividend is payable September 29 to shareholders of record September 15, with an indicated yield of approximately 3.8%.
• Neutral Sentiment: Stifel raised its target to C$90 from C$85 but kept a “hold” rating, while Scotia’s “sector perform” view signals a more balanced near-term outlook despite its higher target.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.