Time to Buy Keyera Corp After Today’s Huge Increase?

 Time to Buy Keyera Corp After Today's Huge Increase?

The stock of Keyera Corp (TSE:KEY) is a huge mover today! About 120,784 shares traded hands. Keyera Corp (TSE:KEY) has declined 0.36% since March 31, 2016 and is downtrending. It has underperformed by 1.45% the S&P500.
The move comes after 9 months positive chart setup for the $7.19 billion company. It was reported on Nov, 4 by Barchart.com. We have $51.02 PT which if reached, will make TSE:KEY worth $2.09B more.

Keyera Corp (TSE:KEY) Ratings Coverage

Out of 5 analysts covering Keyera (TSE:KEY), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. $52 is the highest target while $40 is the lowest. The $44.05 average target is 11.38% above today’s ($39.55) stock price. Keyera has been the topic of 27 analyst reports since August 6, 2015 according to StockzIntelligence Inc. On Thursday, August 6 the stock rating was upgraded by GMP Securities to “Hold”. TD Securities maintained the stock with “Hold” rating in Friday, August 12 report. Scotia Capital maintained the stock with “Sector Perform” rating in Thursday, August 11 report. The rating was maintained by TD Securities with “Hold” on Friday, August 7. The firm earned “” rating on Monday, June 6 by Raymond James. BMO Capital Markets initiated Keyera Corp (TSE:KEY) on Thursday, February 4 with “Market Perform” rating.

More important recent Keyera Corp (TSE:KEY) news were published by: Seekingalpha.com which released: “Keyera Corp: Buy This Stock Before The Plethora Of New Projects Come Online In …” on August 08, 2016, also Business.Financialpost.com published article titled: “Behind the ‘sweet spot’ at investor favourite Keyera Corp.”, Marketwired.com published: “Keyera Corp. Announces $300 Million Public Offering of Common Shares” on May 16, 2016. More interesting news about Keyera Corp (TSE:KEY) was released by: Business.Financialpost.com and their article: “Kinder Morgan Inc and Keyera Corp team up to build new crude oil storage in …” with publication date: April 01, 2015.

Keyera Corp. is engaged in energy midstream businesses, and operates in gas and oil sector between upstream and downstream sectors. The company has a market cap of $7.19 billion. The Firm is organized into two business units: Gathering and Processing Business Unit and Liquids Business Unit. It has a 26.27 P/E ratio. It owns and operates raw gas gathering pipelines and processing plants, which collects and processes raw natural gas, removes waste products and separates the economic components through its Gathering and Processing Business Unit.

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