Kinder Morgan Canada (KML), the Utilities sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Analyst Andrew Kuske from Credit Suisse reiterated a Hold rating, with a C$15 price target.
According to TipRanks.com, Kuske is ranked #1343 out of 5261 analysts.
Currently, the analyst consensus on Kinder Morgan Canada is a Hold with an average price target of C$14.29, representing a -2.7% downside. In a report released today, National Bank also downgraded the stock to Hold with a C$15 price target.
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The company has a one-year high of C$52.50 and a one-year low of C$10.55. Currently, Kinder Morgan Canada has an average volume of 124.7K.
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 last Thursday at C$14.68, close to its 52-week low of C$10.55.
