Keyera (TSE:KEY) Price Target Raised to C$50.00 at National Bank Financial

Keyera (TSE:KEY) had its price target raised by National Bank Financial from C$48.00 to C$50.00 in a research note published on Friday,BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.

Other equities research analysts have also issued research reports about the company. TD Securities lifted their price objective on Keyera from C$52.00 to C$56.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Barclays lifted their price objective on Keyera from C$48.00 to C$53.00 and gave the stock an “equal weight” rating in a report on Thursday, April 9th. Citigroup lifted their price objective on Keyera from C$51.00 to C$58.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. TD lifted their price objective on Keyera from C$60.00 to C$61.00 and gave the stock a “buy” rating in a report on Friday. Finally, Raymond James Financial raised their target price on Keyera from C$63.00 to C$66.00 in a research note on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Keyera has a consensus rating of “Moderate Buy” and an average target price of C$56.69.

Keyera Trading Up 4.2%

Shares of KEY opened at C$57.44 on Friday. The business has a 50-day moving average of C$52.36 and a 200 day moving average of C$47.71. Keyera has a fifty-two week low of C$40.09 and a fifty-two week high of C$57.63. The firm has a market cap of C$13.17 billion, a P/E ratio of 30.39, a price-to-earnings-growth ratio of 1.35 and a beta of 0.56. The company has a debt-to-equity ratio of 249.10, a quick ratio of 0.57 and a current ratio of 1.60.

Keyera (TSE:KEY) last announced its quarterly earnings data on Thursday, May 14th. The company reported C($0.53) earnings per share for the quarter. Keyera had a return on equity of 6.59% and a net margin of 2.73%.The firm had revenue of C$1.30 billion during the quarter. As a group, research analysts forecast that Keyera will post 2.2166667 EPS for the current year.

Keyera Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were paid a $0.54 dividend. The ex-dividend date was Monday, March 16th. This represents a $2.16 annualized dividend and a yield of 3.8%. Keyera’s dividend payout ratio (DPR) is currently 112.17%.

Key Stories Impacting Keyera

Here are the key news stories impacting Keyera this week:

• Positive Sentiment: Multiple brokerages raised their price targets on Keyera, including BMO, TD, Raymond James, Scotia, Royal Bank of Canada, ATB Cormark, and National Bank Financial. Several firms kept bullish ratings such as “outperform,” “buy,” and “sector outperform,” suggesting analysts see further upside despite the recent run-up. Article Title
• Positive Sentiment: Keyera completed its acquisition of Plains’ Canadian natural gas liquids business, a deal that could strengthen long-term scale and cash flow, even though it faced scrutiny from Canada’s Competition Bureau. Article Title
• Neutral Sentiment: Keyera also announced its quarterly dividend and second-quarter 2026 distribution, which supports the income-investor case but does not appear to be a new catalyst by itself. Article Title
• Negative Sentiment: The company reported a first-quarter loss of C$122 million and revenue that declined from a year ago, with market commentary pointing to a maintenance outage as a drag on results. That weak earnings update may limit enthusiasm after the analyst upgrades. Article Title

About Keyera

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.