Barclays Sticks to Their Buy Rating for Kinder Morgan (KMI)

Barclays analyst Theresa Chen maintained a Buy rating on Kinder Morgan today and set a price target of $34.00.

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According to TipRanks, Chen is a top 100 analyst with an average return of 17.8% and a 76.15% success rate. Chen covers the Energy sector, focusing on stocks such as Kinder Morgan, Enterprise Products Partners, and Valero Energy.

In addition to Barclays, Kinder Morgan also received a Buy from TipRanks – Google’s Google Oil and Gas Midstream in a report issued on February 14. However, on the same day, TipRanks – Anthropic downgraded Kinder Morgan (NYSE: KMI) to a Hold.

Based on Kinder Morgan’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.51 billion and a net profit of $996 million. In comparison, last year the company earned a revenue of $3.97 billion and had a net profit of $667 million

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, ASHLEY ANTHONY B , the VP (President, CO2 and ETV) of KMI sold 8,000.00 shares for a total of $255,520.00.