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Stock analysts at Jefferies Group raised their price objective on shares of Kinder Morgan Management (NYSE:KMR) from $74.00 to $78.00 in a report issued on Thursday. Jefferies Group’s price objective points to a potential upside of 2.85% from the company’s current price.

Shares of Kinder Morgan Management (NYSE:KMR) traded down 0.09% during mid-day trading on Thursday, hitting $75.77. The stock had a trading volume of 83,586 shares. Kinder Morgan Management has a 52 week low of $66.2799 and a 52 week high of $80.0983. The stock’s 50-day moving average is $77.0 and its 200-day moving average is $72.47. The company has a market cap of $9.947 billion and a P/E ratio of 47.73. Kinder Morgan Management also was the recipient of some unusual options trading activity on Tuesday. Stock investors acquired 600 call options on the company. This represents an increase of approximately 152% compared to the average volume of 238 call options.

Kinder Morgan Management (NYSE:KMR) last announced its earnings results on Wednesday, July 16th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.04. On average, analysts predict that Kinder Morgan Management will post $2.56 earnings per share for the current fiscal year.

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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