Kinder Morgan Management LLC PT Lowered to $80.00 (KMR)
Jefferies Group cut their price objective on shares of Kinder Morgan Management LLC (NYSE:KMR) from $85.00 to $80.00 in a research note issued on Thursday, Analyst RN reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s target price indicates a potential upside of 7.35% from the stock’s previous close.
Kinder Morgan Management LLC (NYSE:KMR) traded up 0.42% during mid-day trading on Thursday, hitting $74.52. 444,305 shares of the company’s stock traded hands. Kinder Morgan Management LLC has a 52 week low of $66.3028 and a 52 week high of $88.1753. The stock has a 50-day moving average of $76.54 and a 200-day moving average of $81.20. The company has a market cap of $8.922 billion and a P/E ratio of 46.47.
Separately, analysts at Zacks upgraded shares of Kinder Morgan Management LLC from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, July 16th. They now have a $91.20 price target on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Kinder Morgan Management LLC currently has an average rating of “Hold” and a consensus target price of $89.24.
Kinder Morgan Management, LLC is a limited partner in Kinder Morgan Energy Partners, L.P (NYSE:KMR), and manages and controls its business and affairs pursuant to a delegation of control agreement.
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