Price Target Update on Kinder Morgan (NYSE:KMI)

Kinder Morgan (NYSE:KMI) : The highest short term price target forecast on Kinder Morgan (NYSE:KMI) is $24 and the lowest target price is $17. A total of 14 equity analysts are currently covering the company. The average price of all the analysts is $19.71 with a standard deviation of $1.86.

Other Equity analysts have also commented on the company shares. Bernstein initiates coverage on Kinder Morgan (NYSE:KMI) The current rating of the shares is Market Perform. Equity Analysts at the Firm announces the price target to $20 per share. The rating by the firm was issued on May 11, 2016.

Kinder Morgan (NYSE:KMI): stock turned positive on Thursday. Though the stock opened at $18.71, the bulls momentum made the stock top out at $18.9 level for the day. The stock recorded a low of $18.53 and closed the trading day at $18.9, in the green by 2.11%. The total traded volume for the day was 11,073,184. The stock had closed at $18.51 in the previous days trading.

The company shares have dropped -52.51% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $39.60 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $17.66 and the 200 Day Moving Average price is recorded at $16.88. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (V.P. Corporate Development) of Kinder Morgan, Inc., Sanders Dax had purchased shares worth of $45,960 in a transaction dated on February 1, 2016. A total of 3,000 shares were purchased at a price of $15.32 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Kinder Morgan, Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces, transports, and markets CO2. The Terminals segment includes the operations of its petroleum, chemical, ethanol and other liquids terminal facilities and all of its coal, petroleum coke, fertilizer, steel, ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products, crude oil and condensate, and NGL pipelines and associated terminals, Southeast terminals, and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.

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