TD Securities Trims Kinder Morgan Canada (KML) Target Price to C$24.00
Kinder Morgan Canada (TSE:KML) had its target price dropped by research analysts at TD Securities from C$25.00 to C$24.00 in a note issued to investors on Tuesday. TD Securities’ target price would suggest a potential upside of 40.76% from the stock’s current price.
Separately, Scotiabank reissued an “outperform” rating and issued a C$24.00 price target on shares of Kinder Morgan Canada in a report on Thursday, August 17th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Kinder Morgan Canada has a consensus rating of “Buy” and an average target price of C$21.50.
Kinder Morgan Canada (KML) traded down C$0.51 during trading on Tuesday, reaching C$17.05. 208,015 shares of the company’s stock traded hands, compared to its average volume of 315,507. Kinder Morgan Canada has a 52-week low of C$15.17 and a 52-week high of C$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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