FY2017 EPS Estimates for Kinder Morgan Canada Ltd (KML) Decreased by Analyst
Kinder Morgan Canada Ltd (TSE:KML) – National Bank Financial dropped their FY2017 earnings estimates for shares of Kinder Morgan Canada in a report released on Thursday. National Bank Financial analyst P. Kenny now expects that the company will post earnings of $0.44 per share for the year, down from their previous estimate of $0.46. National Bank Financial also issued estimates for Kinder Morgan Canada’s FY2018 earnings at $0.68 EPS.
KML has been the subject of several other research reports. Scotiabank set a C$24.00 price objective on shares of Kinder Morgan Canada and gave the stock an “outperform” rating in a report on Friday, August 11th. TD Securities decreased their price target on shares of Kinder Morgan Canada from C$26.00 to C$25.00 in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$21.83.
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Shares of Kinder Morgan Canada (TSE KML) opened at 16.96 on Monday. The company has a 50-day moving average price of $17.27 and a 200 day moving average price of $16.78. The company’s market capitalization is $1.75 billion. Kinder Morgan Canada has a one year low of $15.17 and a one year high of $18.60.
About Kinder Morgan Canada
Kinder Morgan Canada Ltd is a Canada-based energy infrastructure company. The Company operates the Business, comprised of a number of pipeline systems and terminal facilities including the Trans Mountain pipeline, the Canadian portion of the Cochin pipeline, the Puget Sound and Trans Mountain Jet Fuel pipelines, the Westridge marine and Vancouver Wharves terminals in British Columbia as well as various crude oil loading facilities in Edmonton, Alberta.
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