Keyera Corp. (OTCMKTS:KEYUF) Receives Average Rating of “Buy” from Brokerages

Keyera Corp. (OTCMKTS:KEYUF) has been assigned an average rating of “Buy” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Eight research analysts have rated the stock with a buy recommendation.

KEYUF has been the subject of a number of research reports. Citigroup restated a “buy” rating on shares of Keyera in a report on Tuesday, May 19th. National Bank Financial upgraded shares of Keyera from a “sector perform” rating to an “outperform” rating in a report on Tuesday, June 16th. BMO Capital Markets reiterated an “outperform” rating on shares of Keyera in a report on Tuesday, June 16th. TD Securities reiterated a “buy” rating on shares of Keyera in a report on Friday, May 15th. Finally, Scotiabank reiterated an “outperform” rating on shares of Keyera in a report on Tuesday, June 16th.

Keyera Stock Performance

Shares of KEYUF stock opened at $41.11 on Monday. The company has a 50 day moving average price of $39.72 and a 200 day moving average price of $36.83. Keyera has a fifty-two week low of $28.74 and a fifty-two week high of $42.80.

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.