Kinder Morgan (KMI) Receives a Hold from Bank of America Securities
05.24.2024 By Tank Terminals - NEWS

May 24, 2024 [Business Insider]- Bank of America Securities analyst Neel Mitra maintained a Hold rating on Kinder Morgan (KMI – Research Report) today. The company’s shares opened today at $19.66.

 

Mitra covers the Energy sector, focusing on stocks such as Kinetik, Enterprise Products Partners, and Kinder Morgan. According to TipRanks, Mitra has an average return of 6.5% and a 72.22% success rate on recommended stocks.

Kinder Morgan has an analyst consensus of Moderate Buy, with a price target consensus of $20.42.

KMI market cap is currently $43.81B and has a P/E ratio of 17.99.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KMI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kinder Morgan (KMI) Company Description:

Texas-based Kinder Morgan, Inc. is an energy infrastructure company. The company is engaged in the operation of pipelines and terminals that transport natural gas, gasoline, crude oil, carbon dioxide (CO2) and other products. It also stores petroleum products, chemicals and handles bulk materials like ethanol, coal, petroleum coke and steel. It operates through the following segments: Natural Gas Pipelines, CO2, Terminals, and Products Pipelines.

 

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