Canaccord Genuity Issues a Buy Rating on Keyera Corp.

By Carrie Williams

In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Keyera Corp. (TSX: KEY). Analyst David Galison from Canaccord Genuity rated Keyera Corp. (TSX: KEY) a Buy today, setting a C$43 price target.

According to TipRanks.com, Galison is ranked #1193 out of 4809 analysts.

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Keyera Corp. has an analyst consensus of Moderate Buy, with a price target consensus of C$41.

The company has a one-year high of C$42.57 and a one-year low of C$31.20. Currently, Keyera Corp. has an average volume of 493.3K.

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 Thursday at C$34.04.