KMI, ENB, TRP: What Are Analysts Recommending?
By Rekha Khandelwal, CFADec. 1 2016, Updated 10:05 a.m. ET
Analyst recommendations for KMI
Analysts’ average target price for Kinder Morgan (KMI) for the next year is $24.8. The low and high target prices for the stock over the same period are $18 and $36, respectively. The average target price implies a 16% price return over the next year compared to KMI’s current price of $21.4.
About 64% of the analysts surveyed have rated Kinder Morgan as a “buy,” while 36% have rated it as a “hold.”
Recommendations for ENB
In comparison, analysts’ average target price for Enbridge (ENB) for the next year is $46.9. The low and high target prices for the stock over the same period are $40.8 and $52.7, respectively. The average target price implies an 11% price return over the next year compared to ENB’s current price of $42.2.
About 75% of the analysts surveyed have rated Enbridge as a “buy,” while 25% have rated it as a “hold.”
Recommendations for TRP
Analysts’ average target price for TransCanada (TRP) for the next year is $48.3. The average target price implies an 8% price return over the next year compared to TRP’s current price of $44.9. About 75% of the analysts surveyed have rated TransCanada as a “buy,” while 25% have rated it as a “hold.”
The above chart compares analyst recommendations for the three stocks. Analysts haven’t rated any of the stocks as a “sell.”
Learn more about Kinder Morgan in What Makes Kinder Morgan a Long-Term Investment?
