In a report released today, Theresa Chen from Barclays maintained a Hold rating on Kinder Morgan (KMI – Research Report), with a price target of $20.00. The company’s shares closed yesterday at $16.89.
Chen covers the Energy sector, focusing on stocks such as TC Energy, Enbridge, and Kinder Morgan. According to TipRanks, Chen has an average return of 14.2% and a 73.78% success rate on recommended stocks.
Currently, the analyst consensus on Kinder Morgan is a Hold with an average price target of $20.22, implying a 19.72% upside from current levels. In a report released on January 23, Bank of America Securities also maintained a Hold rating on the stock with a $19.00 price target.
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KMI market cap is currently $37.54B and has a P/E ratio of 15.93.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KMI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Kinder Morgan (KMI) Company Description:
Texas-based Kinder Morgan, Inc. is an energy infrastructure company. The company is engaged in the operation of pipelines and terminals that transport natural gas, gasoline, crude oil, carbon dioxide (CO2) and other products. It also stores petroleum products, chemicals and handles bulk materials like ethanol, coal, petroleum coke and steel. It operates through the following segments: Natural Gas Pipelines, CO2, Terminals, and Products Pipelines.
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