Keyera Corp. (KEY) Gets a Buy Rating from AltaCorp Captial

By Carrie Williams

A Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. Analyst Nate Heywood from AltaCorp Captial remains bullish on Keyera Corp. (KEYResearch Report) and has a C$38 price target.

Heywood has an average return of 15.3% when recommending Keyera Corp..

According to TipRanks.com, Heywood is ranked #3833 out of 5181 analysts.

Currently, the analyst consensus on Keyera Corp. is a Strong Buy with an average price target of C$37.38, implying a 12.5% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a C$40 price target.

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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 622.3K.

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 Wednesday at C$33.22.