Share on StockTwits

Equities research analysts at RBC Capital decreased their price target on shares of Kinder Morgan Energy Partners (NYSE:KMP) from $90.00 to $83.00 in a research note issued to investors on Monday, StockRatingsNetwork reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price would suggest a potential upside of 6.52% from the company’s current price.

Kinder Morgan Energy Partners (NYSE:KMP) opened at 77.86 on Monday. Kinder Morgan Energy Partners has a one year low of $71.32 and a one year high of $92.99. The stock has a 50-day moving average of $74.93 and a 200-day moving average of $79.00. The company has a market cap of $34.547 billion and a P/E ratio of 20.62.

Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Kinder Morgan Energy Partners in a research note on Friday, April 11th. They now have a $77.00 price target on the stock. Separately, analysts at Citigroup Inc. cut their price target on shares of Kinder Morgan Energy Partners from $86.00 to $78.50 in a research note on Friday, March 28th. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Kinder Morgan Energy Partners from $81.00 to $79.00 in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. Kinder Morgan Energy Partners has a consensus rating of “Hold” and a consensus price target of $74.72.

Kinder Morgan Energy Partners, L.P. (NYSE:KMP) is a pipeline transportation and energy storage company in North America.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.