National Bank Financial Raises Kinder Morgan Canada (KML) Price Target to C$19.00

Kinder Morgan Canada (TSE:KML) had its target price increased by National Bank Financial from C$17.00 to C$19.00 in a report released on Monday. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 9.64% from the company’s current price.

Several other equities analysts have also recently issued reports on the company. Scotiabank lowered their price target on Kinder Morgan Canada from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Thursday, January 18th. Royal Bank of Canada lowered their price target on Kinder Morgan Canada from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 5th. Finally, TD Securities lowered their price target on Kinder Morgan Canada from C$25.00 to C$24.00 in a research report on Tuesday, December 5th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Kinder Morgan Canada has a consensus rating of “Buy” and a consensus target price of C$21.67.

Kinder Morgan Canada (TSE:KML) traded down C$0.23 on Monday, reaching C$17.33. The company had a trading volume of 102,190 shares, compared to its average volume of 257,745. Kinder Morgan Canada has a 12-month low of C$15.17 and a 12-month high of C$18.60. The firm has a market cap of $1,810.00 and a PE ratio of 54.28.

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Kinder Morgan Canada Company Profile

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.

Analyst Recommendations for Kinder Morgan Canada (TSE:KML)

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