National Bank Keeps Their Buy Rating on Keyera Corp. (KEY)

By Austin Angelo

In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Keyera Corp. (KEYResearch Report). The company received a Buy rating from National Bank’s analyst Patrick Kenny, with a C$42 price target.

According to TipRanks.com, Kenny is a 4-star analyst with an average return of 9.3% and a 88.5% success rate. Kenny covers the Basic Materials sector, focusing on stocks such as Inter Pipeline Ltd, Gibson Energy Inc, and Pembina Pipeline.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Keyera Corp. with a C$36.86 average price target.

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 698.9K.

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$31.97.