GMP FirstEnergy Reiterates Their Hold Rating on Keyera Corp. (KEY)

By Carrie Williams

Keyera Corp. (KEYResearch Report) has received a rating update from a Wall Street analyst yesterday. GMP FirstEnergy’s analyst Ian Gillies reiterates their Hold rating on the shares, with a C$34.50 price target.

According to TipRanks.com, Gillies is ranked 0 out of 5 stars with an average return of -7.1% and a 43.9% success rate. Gillies covers the Basic Materials sector, focusing on stocks such as Trican Well Service Ltd, TC Energy Corporation, and Precision Drilling.

Currently, the analyst consensus on Keyera Corp. is a Strong Buy with an average price target of C$38.42.

The company has a one-year high of C$38.91 and a one-year low of C$24.05. Currently, Keyera Corp. has an average volume of 647.7K.

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$33.46.