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Kinder Morgan (KMI) Gets a Hold from RBC Capital

Tipranks - Tipranks - Wed Sep 23, 6:18AM CDT

In a report released today, Elvira Scotto from RBC Capital maintained a Hold rating on Kinder Morgan, with a price target of $36.00.

According to TipRanks, Scotto is a 5-star analyst with an average return of 16.4% and a 68.75% success rate. Scotto covers the Energy sector, focusing on stocks such as Enterprise Products Partners, Targa Resources, and Williams Co.

In addition to RBC Capital, Kinder Morgan also received a Hold from Jefferies’s Julien Dumoulin Smith in a report issued on September 17. However, on September 18, Wells Fargo reiterated a Buy rating on Kinder Morgan (NYSE: KMI).

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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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