Kinder Morgan (KMI) Receives Price Target

Kinder Morgan (KMI) : The highest level Kinder Morgan (KMI) is projected to reach is $26 for the short term and the lowest estimate is at $17. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $21.54 and the possibility the share price can swing is $3.26.

Kinder Morgan (KMI) has an average broker rating of 2.09, which is interpreted as a Buy, as rated by 16 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Morgan Stanley upgrades its view on Kinder Morgan (NYSE:KMI) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. Earlier, the shares had a rating of Equal-weight. Morgan Stanley raises the price target from $23 per share to $24 per share on Kinder Morgan . The rating by the firm was issued on August 18, 2016.

Kinder Morgan (NYSE:KMI): The stock opened at $21.76 on Thursday but the bulls could not build on the opening and the stock topped out at $21.79 for the day. The stock traded down to $21.31 during the day, due to lack of any buying support eventually closed down at $21.61 with a loss of -1.10% for the day. The stock had closed at $21.85 on the previous day. The total traded volume was 12,442,338 shares.

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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