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Kinder Morgan (NYSE:KMI) has been given an average rating of “Buy” by the thirteen analysts that are currently covering the stock, American Banking and Market News reports. Four analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $41.70.

A number of analysts have recently weighed in on KMI shares. Analysts at Morgan Stanley raised their price target on shares of Kinder Morgan from $37.00 to $43.00 in a research note on Thursday. Separately, analysts at Credit Suisse raised their price target on shares of Kinder Morgan from $41.00 to $49.00 in a research note on Tuesday, August 12th. They now have an “outperform” rating on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Kinder Morgan to $50.00 in a research note on Monday, August 11th.

Kinder Morgan (NYSE:KMI) traded down 1.35% during mid-day trading on Monday, hitting $40.87. The stock had a trading volume of 7,792,574 shares. Kinder Morgan has a 52-week low of $30.81 and a 52-week high of $42.49. The stock’s 50-day moving average is $36.88 and its 200-day moving average is $34.14. The company has a market cap of $42.023 billion and a P/E ratio of 36.12. Kinder Morgan also was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 14,804,336 shares, a decrease of 16.0% from the July 15th total of 17,634,105 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average daily trading volume, of 5,782,620 shares, the days-to-cover ratio is currently 2.6 days.

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.

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

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