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Kinder Morgan: Analysts Are Turning Bullish

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Analysts’ recommendations

Among the 20 analysts surveyed by Reuters covering Kinder Morgan (KMI), ten recommended a “strong buy,” eight recommended a “buy,” one recommended a “hold,” and one recommended a “strong sell.” The mean target price for Kinder Morgan is $21.3, which implies an upside potential of ~12% from Kinder Morgan’s current price.

The above graph shows analysts’ recommendations and the average target price for Kinder Morgan over 12 months. As the graph shows, the number of analysts recommending Kinder Morgan as “buy” or “strong buy” has increased. However, Kinder Morgan’s mean target price has remained relatively stable for more than six months.

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Peers’ recommendations 

Among the 23 analysts covering Enterprise Products Partners (EPD), 12 recommended a “strong buy,” ten recommended a “buy,” and one recommended a “hold.” The mean target price for Enterprise Products Partners is $33.5.

Among the 21 analysts covering ONEOK (OKE), eight recommended a “strong buy,” six recommended a “buy,” and seven recommended a “hold.” The mean target price for ONEOK is $69.8.

Among the 20 analysts covering Williams Companies (WMB), eight recommended a “strong buy,” ten recommended a “buy,” and two recommended a “hold.” The mean target price for Williams Companies is $31.9. On February 15, RBC raised its target price for Williams Companies from $32 to $34.

Among the 18 analysts covering Energy Transfer (ET), eight recommended a “strong buy,” eight recommended a “buy,” and two recommended a “hold.” The mean target price for Energy Transfer is $21.2.

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