Kinder Morgan Canada (TSE:KML) had its target price cut by investment analysts at TD Securities from C$25.00 to C$24.00 in a report issued on Tuesday. TD Securities’ price target suggests a potential upside of 44.14% from the company’s current price.
Separately, Scotiabank set a C$24.00 price target on shares of Kinder Morgan Canada and gave the stock an “outperform” rating in a research report on Friday, August 11th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of C$21.50.
Shares of Kinder Morgan Canada (TSE KML) opened at C$16.65 on Tuesday. Kinder Morgan Canada has a 1 year low of C$15.17 and a 1 year high of C$18.60.
About Kinder Morgan Canada
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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