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.
Kinder Morgan, Inc. has dropped 0.95% in the last five trading days, however, the shares have posted positive gains of 4.23% in the last 4 weeks. Kinder Morgan, Inc. is up 8.89% in the last 3-month period. Year-to-Date the stock performance stands at 27.45%. Also, Bernstein initiates coverage on Kinder Morgan (NYSE:KMI). The rating major has initiated the coverage with market perform rating on the shares. The Analysts at Bernstein announces a current price target of $20 per share. The rating by the firm was issued on May 11, 2016.
Kinder Morgan (NYSE:KMI) : 6 brokerage houses believe that Kinder Morgan (NYSE:KMI) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Kinder Morgan (NYSE:KMI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 2.19.
Kinder Morgan (NYSE:KMI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.51 and $18.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.72, notching a gain of 1.03% for the day. The total traded volume was 16,205,639 . The stock had closed at $18.53 on the previous day.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (V.P. Corporate Development) of Kinder Morgan, Inc., Sanders Dax, had purchased 3,000 shares in a transaction dated on February 1, 2016. The transaction was executed at $15.32 per share with total amount equaling $45,960.
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.