Kinder Morgan Canada (KML) PT Lowered to C$24.00 at Royal Bank Of Canada
Kinder Morgan Canada (TSE:KML) had its price target decreased by analysts at Royal Bank Of Canada from C$25.00 to C$24.00 in a research note issued on Tuesday. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 40.76% from the company’s current price.
Other equities analysts also recently issued reports about the stock. TD Securities reduced their price objective on shares of Kinder Morgan Canada from C$25.00 to C$24.00 in a research note on Tuesday. Scotiabank restated an “outperform” rating and set a C$24.00 price objective on shares of Kinder Morgan Canada in a research note on Thursday, August 17th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of C$21.50.
Kinder Morgan Canada (TSE:KML) traded down C$0.51 during trading on Tuesday, hitting C$17.05. 208,015 shares of the stock were exchanged, compared to its average volume of 315,507. Kinder Morgan Canada has a one year low of C$15.17 and a one year high of C$18.60.
ILLEGAL ACTIVITY NOTICE: This report was first posted by American Banking News and is owned by of American Banking News. If you are accessing this report on another website, it was stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/12/05/kinder-morgan-canada-kml-pt-lowered-to-c24-00-at-royal-bank-of-canada.html.
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.
Receive News & Ratings for Kinder Morgan Canada Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan Canada Limited and related companies with MarketBeat.com's FREE daily email newsletter.