Keyera Corp. (OTCMKTS:KEYUF – Get Free Report)’s share price traded down 3.4% during trading on Thursday . The stock traded as low as $38.62 and last traded at $39.10. Approximately 416,298 shares changed hands during trading, an increase of 223% from the average session volume of 129,005 shares. The stock had previously closed at $40.4740.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on KEYUF. Citigroup restated a “buy” rating on shares of Keyera in a research report on Tuesday, May 19th. BMO Capital Markets reiterated an “outperform” rating on shares of Keyera in a report on Tuesday. Scotiabank reissued an “outperform” rating on shares of Keyera in a research note on Tuesday. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Keyera in a report on Tuesday. Finally, TD Securities restated a “buy” rating on shares of Keyera in a research report on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Keyera currently has an average rating of “Buy”.
View Our Latest Stock Analysis on Keyera
Keyera Stock Down 3.4%
About Keyera
Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.
Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.
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