19 Jan

Inside Kinder Morgan’s Analyst Recommendations

WRITTEN BY Rekha Khandelwal, CFA

Analyst recommendations

Of the analysts surveyed by Reuters, ~66.7% rated Kinder Morgan (KMI) a “buy,” while ~33.3% rated it as a “hold.” None of the surveyed analysts rated it as a “sell.”

The consensus target price for KMI is $25.0. Its units are currently trading at $22.4. If the company attains this target price within one year, it would mean a 12% price return for investors.

Inside Kinder Morgan’s Analyst Recommendations

By comparison, 40% of analysts rated Targa Resources (TRGP) as a “buy,” while 33% rated Williams Partners (WPZ) as a “buy.” Notably, 93% rated Enterprise Products Partners (EPD) as a “buy.”

Projections for 2017

Kinder Morgan has not changed its preliminary 2017 financial projections announced in December 2016. For more on these projections, check out Market Realist’s series What Can Investors Expect from Kinder Morgan in 2017?

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