CIBC upgraded shares of Kinder Morgan Canada (TSE:KML) from an underperform rating to a neutral rating in a research report released on Thursday, BayStreet.CA reports.
Several other analysts also recently weighed in on KML. CSFB downgraded Kinder Morgan Canada from an outperform rating to a neutral rating and set a C$14.00 price objective for the company. in a research report on Thursday. National Bank Financial downgraded Toronto-Dominion Bank from an outperform rating to a sector perform rating in a research report on Thursday, May 23rd. Royal Bank of Canada upped their price objective on NVIDIA to $200.00 and gave the stock an outperform rating in a research report on Monday, May 13th. Finally, TD Securities dropped their price objective on Kinder Morgan Canada from C$14.50 to C$12.50 and set a hold rating for the company in a research report on Thursday. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Kinder Morgan Canada has a consensus rating of Hold and a consensus price target of C$13.50.
Shares of KML stock opened at C$12.07 on Thursday. The company has a current ratio of 0.76, a quick ratio of 0.59 and a debt-to-equity ratio of 63.46. Kinder Morgan Canada has a twelve month low of C$11.06 and a twelve month high of C$52.50. The company has a market cap of $1.37 billion and a P/E ratio of 1.03. The stock’s fifty day simple moving average is C$11.69.
Kinder Morgan Canada Company Profile
Kinder Morgan Canada Limited owns and operates pipeline systems and terminal facilities in Canada. It operates through two segments, Pipelines and Terminals. The Pipelines segment operates Canadian portion of the Cochin pipeline system, a 12-inch diameter multi-product pipeline that comprises of 1000-kilometers of pipeline, and 38 block valves and 10 pump stations for transporting light hydrocarbon liquids between Kankakee, Illinois and Fort Saskatchewan, Alberta; and Jet Fuel pipeline serving Vancouver International Airport.
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