Deutsche Bank: Time To Buy Kinder Morgan (NYSE:KMI)? Has $21 Valuation Target

April 21, 2018 - By Adrian Mccoy

Kinder Morgan, Inc. (NYSE:KMI) Logo

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.07, from 0.77 in 2017Q3. It dived, as 75 investors sold Kinder Morgan, Inc. shares while 372 reduced holdings. 83 funds opened positions while 231 raised stakes. 1.31 billion shares or 0.25% more from 1.31 billion shares in 2017Q3 were reported.

Alphamark Advisors Ltd Liability Com, a Kentucky-based fund reported 1,250 shares. First Interstate Natl Bank invested in 25,390 shares. Sumitomo Mitsui Trust Holdg Inc has invested 0.13% in Kinder Morgan, Inc. (NYSE:KMI). Texan Management accumulated 24,799 shares. Quantbot Tech Lp holds 0.29% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 171,975 shares. Flaherty & Crumrine holds 39.77% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 792,300 shares. Valmark Advisers Inc owns 11,859 shares. Lucas Cap Mgmt invested in 13,115 shares. 120,858 were reported by Old Mutual Customised Solutions (Proprietary) Limited. Great West Life Assurance Company Can owns 1.89M shares. Tokio Marine Asset Mgmt Communications Ltd accumulated 0.11% or 41,290 shares. Earnest, Georgia-based fund reported 1,011 shares. Raymond James Fin Services Advisors Incorporated holds 734,675 shares. Rampart Investment Communication Limited owns 23,546 shares. Reliance Of Delaware accumulated 38,850 shares or 0.11% of the stock.

Why Has Deutsche Bank Given Kinder Morgan (NYSE:KMI) a $21 Price Target

Deutsche Bank issued to clients and investors in a recent note that it has begun coverage on Kinder Morgan (NYSE:KMI) stock, with Buy rating and a $21 price target.

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.07, from 0.77 in 2017Q3. It dived, as 75 investors sold Kinder Morgan, Inc. shares while 372 reduced holdings. 83 funds opened positions while 231 raised stakes. 1.31 billion shares or 0.25% more from 1.31 billion shares in 2017Q3 were reported.

Alphamark Advisors Ltd Liability Com, a Kentucky-based fund reported 1,250 shares. First Interstate Natl Bank invested in 25,390 shares. Sumitomo Mitsui Trust Holdg Inc has invested 0.13% in Kinder Morgan, Inc. (NYSE:KMI). Texan Management accumulated 24,799 shares. Quantbot Tech Lp holds 0.29% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 171,975 shares. Flaherty & Crumrine holds 39.77% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 792,300 shares. Valmark Advisers Inc owns 11,859 shares. Lucas Cap Mgmt invested in 13,115 shares. 120,858 were reported by Old Mutual Customised Solutions (Proprietary) Limited. Great West Life Assurance Company Can owns 1.89M shares. Tokio Marine Asset Mgmt Communications Ltd accumulated 0.11% or 41,290 shares. Earnest, Georgia-based fund reported 1,011 shares. Raymond James Fin Services Advisors Incorporated holds 734,675 shares. Rampart Investment Communication Limited owns 23,546 shares. Reliance Of Delaware accumulated 38,850 shares or 0.11% of the stock.

Kinder Morgan, Inc. (NYSE:KMI) Ratings Coverage

Among 15 analysts covering Kinder Morgan (NYSE:KMI), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Kinder Morgan has $26 highest and $1600 lowest target. $20.92’s average target is 27.02% above currents $16.47 stock price. Kinder Morgan had 19 analyst reports since October 23, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Friday, March 2 by UBS. Morgan Stanley maintained Kinder Morgan, Inc. (NYSE:KMI) rating on Friday, February 9. Morgan Stanley has “Overweight” rating and $23 target. The firm earned “Buy” rating on Wednesday, March 21 by Bank of America. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Buy” rating by Stifel Nicolaus on Monday, October 23. On Tuesday, April 17 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by Mizuho on Thursday, January 25 with “Hold”. The rating was maintained by RBC Capital Markets on Thursday, January 18 with “Hold”. RBC Capital Markets maintained it with “Hold” rating and $1900 target in Monday, April 9 report. The rating was upgraded by Citigroup on Tuesday, March 27 to “Buy”. The rating was downgraded by Wells Fargo to “Hold” on Thursday, January 11.

The stock decreased 0.42% or $0.07 during the last trading session, reaching $16.47. About 14.92M shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since April 21, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.

Kinder Morgan, Inc. operates as an energy infrastructure firm in North America. The company has market cap of $36.33 billion. It operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, and Kinder Morgan Canada divisions. It has a 1647 P/E ratio. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline and storage systems; natural gas and crude oil gathering systems, and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas facilities.

Kinder Morgan, Inc. (NYSE:KMI) Institutional Positions Chart

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