In a report released today, Jean Ann Salisbury from Bernstein maintained a Buy rating on Kinder Morgan (KMI – Research Report), with a price target of $21.00. The company’s shares closed yesterday at $17.72.
Ann Salisbury covers the Energy sector, focusing on stocks such as Cheniere Energy, Cheniere Energy Partners, and Energy Transfer. According to TipRanks, Ann Salisbury has an average return of 20.5% and a 71.43% success rate on recommended stocks.
Currently, the analyst consensus on Kinder Morgan is a Hold with an average price target of $20.20.
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The company has a one-year high of $17.94 and a one-year low of $15.11. Currently, Kinder Morgan has an average volume of 14.34M.
Based on the recent corporate insider activity of 22 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.
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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.
Read More on KMI:
- Kinder Morgan Engages Investors at Upcoming Conferences
- Kinder Morgan Inc’s New Costs Risk – A Cause for Worry?
- Kinder Morgan Announces Sale of Senior Notes Worth $2.25 Billion
- Kinder Morgan (NYSE:KMI) Reports Disappointing Q4 Results
- Kinder Morgan reports Q4 natural gas transport volumes up 5% from last year
