Keyera (TSE:KEY) Price Target Raised to C$90.00

Keyera (TSE:KEY) had its price objective lifted by Stifel Nicolaus from C$85.00 to C$90.00 in a research report sent to investors on Friday morning,BayStreet reports. Stifel Nicolaus currently has a hold rating on the stock.

KEY has been the subject of a number of other reports. Scotia increased their target price on shares of Keyera from C$55.00 to C$60.00 and gave the company a “sector outperform” rating in a research report on Friday, May 15th. TD lowered their price target on shares of Keyera from C$70.00 to C$67.00 and set a “buy” rating on the stock in a research report on Friday. Raymond James Financial dropped their price objective on shares of Keyera from C$66.00 to C$65.00 and set an “outperform” rating for the company in a research note on Tuesday, June 23rd. Barclays increased their price objective on shares of Keyera from C$56.00 to C$61.00 in a report on Friday, August 7th. Finally, National Bank Financial raised their target price on shares of Keyera from C$61.00 to C$62.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 23rd. Eleven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$73.00.

Keyera Stock Performance

KEY stock opened at C$56.33 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.57 and a debt-to-equity ratio of 160.65. The business’s 50-day moving average is C$58.72 and its 200 day moving average is C$55.64. The stock has a market cap of C$16.53 billion, a price-to-earnings ratio of 36.82, a PEG ratio of 1.35 and a beta of 0.46. Keyera has a 12-month low of C$40.09 and a 12-month high of C$61.41.

Keyera (TSE:KEY) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$1.19 EPS for the quarter. The firm had revenue of C$2.40 billion during the quarter. Keyera had a return on equity of 10.81% and a net margin of 5.02%. On average, sell-side analysts anticipate that Keyera will post 2.2166667 EPS for the current fiscal year.

Keyera Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th will be paid a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a yield of 4.0%. This is a boost from Keyera’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, September 15th. Keyera’s payout ratio is presently 141.18%.

Key Headlines Impacting Keyera

Here are the key news stories impacting Keyera this week:

• Positive Sentiment: Keyera lowered its marketing-margin expectations because of the Line 5 disruption but also provided an operational update and 2026 marketing guidance. The impact may be partly temporary, though reduced margins could weigh on near-term earnings. Keyera Lowers Marketing Margin Guidance Amid Line 5 Disruption Keyera Announces 2026 Marketing Guidance Update and Provides Operational Update
• Positive Sentiment: Several analysts remain constructive. Citigroup raised its target to C$106 from C$102, Desjardins increased its target to C$112 from C$103, and Scotia lifted its target to C$92 from C$88; each represents a buy or sector-supportive view. TD and BMO reduced their targets modestly to C$67 and C$64, respectively, but retained “buy” and “outperform” ratings.
• Positive Sentiment: Keyera announced a quarterly dividend of C$0.5625 per share, a 4.2% increase from C$0.54. The dividend is payable September 29 to shareholders of record September 15, with an indicated yield of approximately 3.8%.
• Neutral Sentiment: Stifel raised its target to C$90 from C$85 but kept a “hold” rating, while Scotia’s “sector perform” view signals a more balanced near-term outlook despite its higher target.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.