Wells Fargo analyst Ross Payne maintained a Buy rating on Kinder Morgan (NYSE: KMI) today. The company’s shares opened today at $17.99.
Payne has an average return of 1.7% when recommending Kinder Morgan.
According to TipRanks.com, Payne is ranked #3844 out of 4841 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kinder Morgan with a $21.20 average price target, implying a 17.8% upside from current levels. In a report issued on July 12, BMO Capital also reiterated a Buy rating on the stock with a $24 price target.
.
See today’s analyst top recommended stocks >>
Based on Kinder Morgan’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.43 billion and GAAP net loss of $141 million. In comparison, last year the company earned revenue of $3.34 billion and had a net profit of $375 million.
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, Inc. engages in the operation of pipelines and terminals that transport natural gas; gasoline; crude oil; carbon dioxide (CO2) and other products and stores petroleum products chemicals; and handles bulk materials like ethanol, coal, petroleum coke and steel.
