Keyera Corp. (OTCMKTS:KEYUF) Given Consensus Recommendation of “Buy” by Brokerages

Keyera Corp. (OTCMKTS:KEYUF) has been assigned a consensus rating of “Buy” from the seven brokerages that are covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a buy recommendation.

A number of analysts recently commented on KEYUF shares. National Bank Financial raised Keyera from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, June 16th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Keyera in a report on Monday, August 10th. TD Securities reissued a “buy” rating on shares of Keyera in a research report on Thursday, July 16th. Scotiabank restated an “outperform” rating on shares of Keyera in a research note on Tuesday, July 21st. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Keyera in a report on Tuesday, June 16th.

Keyera Stock Down 1.4%

KEYUF opened at $39.24 on Friday. Keyera has a 1-year low of $28.74 and a 1-year high of $43.42. The company has a fifty day moving average price of $41.91 and a two-hundred day moving average price of $40.15.

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.