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J.P. Morgan Reaffirms Their Hold Rating on Kinder Morgan (KMI)

Tipranks - Wed Mar 4, 6:14AM CST

J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on Kinder Morgan today and set a price target of $34.00.

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According to TipRanks, Tonet is a 5-star analyst with an average return of 9.5% and a 61.87% success rate. Tonet covers the Energy sector, focusing on stocks such as Oneok, Cheniere Energy, and Enbridge.

In addition to J.P. Morgan, Kinder Morgan also received a Hold from RBC Capital’s Elvira Scotto in a report issued on February 26. However, on February 20, Barclays maintained a Buy rating on Kinder Morgan (NYSE: KMI).

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. Last month, ASHLEY ANTHONY B , the VP (President, CO2 and ETV) of KMI sold 8,000.00 shares for a total of $255,520.00.

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