Share on StockTwits

Equities researchers at RBC Capital raised their price objective on shares of Kinder Morgan (NYSE:KMI) from $37.00 to $39.00 in a research report issued on Thursday. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price would suggest a potential upside of 8.42% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs upgraded shares of Kinder Morgan from a “buy” rating to a “conviction-buy” rating in a research note on Thursday, May 15th. They now have a $44.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Kinder Morgan in a research note on Wednesday, April 23rd. They now have a $35.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Kinder Morgan to $40.00 in a research note on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $38.57.

Shares of Kinder Morgan (NYSE:KMI) traded down 0.64% during mid-day trading on Thursday, hitting $35.74. The stock had a trading volume of 416,176 shares. Kinder Morgan has a one year low of $30.81 and a one year high of $40.45. The stock’s 50-day moving average is $34.15 and its 200-day moving average is $33.66. The company has a market cap of $36.737 billion and a P/E ratio of 31.47.

Kinder Morgan (NYSE:KMI) last released its earnings data on Wednesday, April 16th. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.34 by $0.06. The company had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.86 billion. Kinder Morgan’s revenue was up 32.3% compared to the same quarter last year. On average, analysts predict that Kinder Morgan will post $1.33 earnings per share for the current fiscal year.

Kinder Morgan, Inc (NYSE:KMI) owns and manages a diversified portfolio of energy transportation and storage assets.

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.