Kinder Morgan Management Given “Sector Perform” Rating at RBC Capital (KMR)
Kinder Morgan Management (NYSE:KMR)‘s stock had its “sector perform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Tuesday. They currently have a $112.00 price objective on the stock, up from their previous price objective of $83.00. RBC Capital’s price objective would suggest a potential upside of 12.20% from the stock’s previous close.
A number of other analysts have also recently weighed in on KMR. Analysts at Morgan Stanley raised their price target on shares of Kinder Morgan Management from $77.00 to $107.00 in a research note on Thursday, August 14th. Analysts at Jefferies Group raised their price target on shares of Kinder Morgan Management from $74.00 to $78.00 in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $99.00.
Kinder Morgan Management (NYSE:KMR) opened at 99.82 on Tuesday. Kinder Morgan Management has a one year low of $66.2799 and a one year high of $101.09. The stock’s 50-day moving average is $80.76 and its 200-day moving average is $73.57. The company has a market cap of $13.104 billion and a price-to-earnings ratio of 63.57.
Kinder Morgan Management (NYSE:KMR) last posted its quarterly earnings results on Tuesday, August 19th. The company reported $0.29 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.48 by $0.19. Analysts expect that Kinder Morgan Management will post $2.56 EPS 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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