Analysts Set Kinder Morgan Canada Limited (KML) PT at $21.83
Kinder Morgan Canada Limited (TSE:KML) has received a consensus recommendation of “Buy” from the six research firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$21.83.
KML has been the topic of a number of analyst reports. TD Securities lowered their price objective on Kinder Morgan Canada Limited from C$26.00 to C$25.00 in a research report on Thursday, October 19th. Scotiabank set a C$24.00 price objective on Kinder Morgan Canada Limited and gave the company an “outperform” rating in a research report on Tuesday, August 1st.
Kinder Morgan Canada Limited (TSE:KML) traded up C$0.36 during mid-day trading on Friday, hitting C$17.36. The stock had a trading volume of 196,991 shares, compared to its average volume of 219,361. Kinder Morgan Canada Limited has a 12-month low of C$15.17 and a 12-month high of C$18.60.
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About Kinder Morgan Canada Limited
Kinder Morgan Canada Ltd is a Canada-based energy infrastructure company. The Company operates the Business, comprised of a number of pipeline systems and terminal facilities including the Trans Mountain pipeline, the Canadian portion of the Cochin pipeline, the Puget Sound and Trans Mountain Jet Fuel pipelines, the Westridge marine and Vancouver Wharves terminals in British Columbia as well as various crude oil loading facilities in Edmonton, Alberta.
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