Barclays Sticks to Their Buy Rating for Kinder Morgan (KMI)

In a report issued on July 16, Christine Cho, CFA from Barclays maintained a Buy rating on Kinder Morgan (KMIResearch Report), with a price target of $24. The company’s shares closed yesterday at $20.59, close to its 52-week high of $21.50.

According to TipRanks.com, CFA is a 2-star analyst with an average return of 0.1% and a 48.0% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Antero Midstream Corporation, Cheniere Energy Partners LP, and Dcp Midstream Partners Lp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kinder Morgan with a $22 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $21.50 and a one-year low of $14.62. Currently, Kinder Morgan has an average volume of 13.37M.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying 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, Inc. is an energy infrastructure company. It engages in the operation of pipelines and terminals that transport natural gas; gasoline; crude oil; carbon dioxide (CO2) and other products and stores petroleum products chemicals; and handles bulk materials like ethanol, coal, petroleum coke and steel.