Keyera (TSE:KEY) Price Target Raised to C$54.00 at ATB Cormark Capital Markets

Keyera (TSE:KEY) had its price objective upped by ATB Cormark Capital Markets from C$52.00 to C$54.00 in a research report released on Friday,BayStreet.CA reports. ATB Cormark Capital Markets currently has a sector perform rating on the stock.

KEY has been the topic of several other research reports. National Bank Financial lifted their price objective on shares of Keyera from C$48.00 to C$50.00 and gave the stock a “sector perform” rating in a research note on Friday. TD lifted their price objective on shares of Keyera from C$60.00 to C$61.00 and gave the stock a “buy” rating in a research note on Friday. Raymond James Financial lifted their price objective on shares of Keyera from C$63.00 to C$66.00 in a research note on Monday, March 30th. Citigroup lifted their price objective on shares of Keyera from C$51.00 to C$58.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Finally, BMO Capital Markets lifted their price target on shares of Keyera from C$55.00 to C$60.00 and gave the company an “outperform” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Keyera has an average rating of “Moderate Buy” and an average price target of C$56.69.

Keyera Stock Up 4.2%

Keyera stock opened at C$57.44 on Friday. The company’s 50 day simple moving average is C$52.36 and its 200 day simple moving average is 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 capitalization of C$13.17 billion, a price-to-earnings ratio of 30.39, a PEG ratio of 1.35 and a beta of 0.56. The company has a debt-to-equity ratio of 249.10, a current ratio of 1.60 and a quick ratio of 0.57.

Keyera (TSE:KEY) last released 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 for the quarter. As a group, sell-side analysts anticipate that Keyera will post 2.2166667 EPS for the current year.

Keyera Dividend Announcement

The business also recently declared 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 of this dividend was Monday, March 16th. This represents a $2.16 dividend on an annualized basis and a yield of 3.8%. Keyera’s payout ratio is presently 112.17%.

Key Keyera News

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.