Kinder Morgan Canada (KML) Receives a Hold from Scotiabank


Wall Street analyst has provided a review for the NA company on October 18, but retained the same rating on the stock. Kinder Morgan Canada (TSX: KML) received a Hold on October 18 from Scotiabank’s analyst Robert Hope, with a C$17 price target.

According to TipRanks.com, Hope is a 3-star analyst with an average return of 3.5% and a 52.7% success rate. Hope covers the Basic Materials sector, focusing on stocks such as Inter Pipeline Ltd, Gibson Energy Inc, and Pembina Pipeline.

Currently, the analyst consensus on Kinder Morgan Canada is a Hold with an average price target of C$16.50.

Kinder Morgan Canada Ltd. engages in the provision of fee-based services to customers from an asset portfolio consisting of energy-related pipelines and liquid and bulk terminalling facilities. It operates through the Pipelines and Terminals segment.

The company’s shares closed on Friday at C$16.35.

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