Analyst Rating Update on Kinder Morgan (KMI)

Kinder Morgan (KMI) : 6 brokerage houses believe that Kinder Morgan (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 (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 (KMI) : Average target price received by Kinder Morgan (KMI) is $21.64 with an expected standard deviation of $3.15. The most aggressive target on the stock is $26, whereas the most downbeat target is $17. 14 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Citigroup maintains its rating on Kinder Morgan (NYSE:KMI). As per the latest information, the brokerage house raises the price target to $22 per share from a prior target of $20. The shares have been rated Neutral. The rating by the firm was issued on July 19, 2016.


Kinder Morgan (NYSE:KMI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.85 and $19.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.13, notching a gain of 1.72% for the day. The total traded volume was 13,458,477 . The stock had closed at $19.79 on the previous day.

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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