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Kinder Morgan (NYSE:KMI) shares saw unusually-high trading volume on Tuesday after Credit Suisse raised their price target on the stock from $41.00 to $49.00, ARN reports. Credit Suisse currently has an outperform rating on the stock. Approximately 22,619,193 shares were traded during trading, an increase of 66% from the previous session’s volume of 13,653,161 shares.The stock last traded at $38.49 and had previously closed at $39.37.

Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs raised their price target on shares of Kinder Morgan to $50.00 in a research note on Monday. Separately, analysts at Bank of America upgraded shares of Kinder Morgan from a “neutral” rating to a “buy” rating in a research note on Monday. They now have a $47.00 price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Kinder Morgan in a research note on Thursday, August 7th. They now have a $36.00 price target on the stock, up previously from $34.00. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $41.56.

The stock has a 50-day moving average of $36.4 and a 200-day moving average of $34.00. The company has a market cap of $39.617 billion and a P/E ratio of 34.32. Kinder Morgan also saw some unusual options trading activity on Monday. Traders purchased 56,556 call options on the company. This represents an increase of 495% compared to the typical volume of 9,499 call options.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $0.27 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.29 by $0.02. The company had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter last year, the company posted $0.27 earnings per share. Kinder Morgan’s revenue was up 16.4% compared to the same quarter last year. On average, analysts predict that Kinder Morgan will post $1.23 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 15th. Shareholders of record on Thursday, July 31st will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date of this dividend is Tuesday, July 29th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.42.

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

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