Kinder Morgan Canada (KML) Receives a Hold from Credit Suisse
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.
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.