Kinder Morgan (KMI): Price Target and June Short Interest Disclosure

Kinder Morgan (KMI) : Average target price received by Kinder Morgan (KMI) is $19.79 with an expected standard deviation of $1.85. The most aggressive target on the stock is $24, whereas the most downbeat target is $17. 14 financial analysts are currently covering the stock.

Kinder Morgan (KMI), According to the latest information the short interest in Kinder Morgan Inc shot up by 7.3% or 2,448,664 shares. The final shorts are 1.9% of the total floated shares. The positions increased from 33,674,929 shares on June 15,2016 to 36,123,593 on June 30,2016. According to the per-day average trading of 18,360,969 shares, the days to cover are 2. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Bernstein initiates coverage on Kinder Morgan (NYSE:KMI). The shares have now been rated Market Perform by the stock experts at the ratings house. Bernstein announces the current price target of $20 per share on Kinder Morgan . 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 $20.3, the bulls momentum made the stock top out at $21.11 level for the day. The stock recorded a low of $20.25 and closed the trading day at $20.9, in the green by 3.41%. The total traded volume for the day was 32,320,981. The stock had closed at $20.21 in the previous days trading.

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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