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Kinder Morgan (KMI) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Fri Sep 11, 4:42AM CDT

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

Chen covers the Energy sector, focusing on stocks such as Enbridge, Kinder Morgan, and Targa Resources. According to TipRanks, Chen has an average return of 21.3% and a 78.05% success rate on recommended stocks.

Kinder Morgan has an analyst consensus of Moderate Buy, with a price target consensus of $36.20.

See today’s best-performing stocks on TipRanks >>

Based on Kinder Morgan’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.48 billion and a net profit of $867 million. In comparison, last year the company earned a revenue of $4.04 billion and had a net profit of $715 million

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