Kinder Morgan Canada Ltd (KML) Given a C$17.00 Price Target at National Bank Financial

Kinder Morgan Canada Ltd (TSE:KML) has been given a C$17.00 price target by equities research analysts at National Bank Financial in a research note issued to investors on Tuesday. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 8.63% from the company’s previous close.

Several other equities analysts have also recently weighed in on KML. Scotiabank set a C$24.00 price objective on Kinder Morgan Canada and gave the stock an “outperform” rating in a research report on Tuesday. TD Securities set a C$26.00 price objective on Kinder Morgan Canada and gave the stock an “action list buy” rating in a research report on Tuesday. Finally, Royal Bank Of Canada began coverage on Kinder Morgan Canada in a research report on Tuesday. They set an “outperform” rating and a C$25.00 price objective for the company. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Kinder Morgan Canada has a consensus rating of “Buy” and an average target price of C$22.00.

Kinder Morgan Canada (KML) traded down 0.64% during trading on Tuesday, hitting $15.50. The stock had a trading volume of 401,024 shares. The stock’s market capitalization is $1.60 billion. Kinder Morgan Canada has a 1-year low of $15.17 and a 1-year high of $16.81.

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Kinder Morgan Canada Company Profile

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:KML”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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