Keyera (OTCMKTS:KEYUF) Trading Up 2.1%

Keyera Corp. (OTCMKTS:KEYUF) was up 2.1% during mid-day trading on Thursday . The company traded as high as $17.87 and last traded at $17.87. Approximately 5,104 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 12,371 shares. The stock had previously closed at $17.50.

A number of research analysts have issued reports on KEYUF shares. Scotiabank decreased their price target on shares of Keyera from $25.00 to $24.00 and set a “sector perform” rating for the company in a report on Wednesday, November 4th. Stifel Nicolaus cut their price objective on shares of Keyera from $29.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, November 5th. CIBC cut their price objective on shares of Keyera from $28.00 to $27.00 and set an “outperform” rating on the stock in a research note on Thursday, November 5th. BMO Capital Markets cut their price objective on shares of Keyera from $25.00 to $24.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 4th. Finally, Canaccord Genuity cut their price objective on shares of Keyera from $29.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, October 22nd. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $26.00.

The company’s 50-day moving average is $17.57 and its 200 day moving average is $16.45.

About Keyera (OTCMKTS:KEYUF)

Keyera Corp. engages in the energy infrastructure business in Canada. It operates through Gathering and Processing, Liquids Infrastructure, and Marketing segments. The company's Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants; and condensate handling services.

See Also: Accumulation/Distribution

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