Kinder Morgan (KMI, Financial) has seen a recent dip in its share price, which some analysts consider an opportunity for potential investors. According to Argus analyst Bill Selesky, the company's recent projects and acquisitions are expected to positively impact earnings and enhance profit growth in the near term.
Argus maintains a Buy rating on Kinder Morgan's stock, with a price target set at $36. The firm's outlook hinges on the belief that the new ventures and strategic acquisitions will bolster the company's financial performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Kinder Morgan Inc (KMI, Financial) is $30.77 with a high estimate of $38.00 and a low estimate of $25.00. The average target implies an upside of 17.45% from the current price of $26.20. More detailed estimate data can be found on the Kinder Morgan Inc (KMI) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Kinder Morgan Inc's (KMI, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Kinder Morgan Inc (KMI, Financial) in one year is $18.58, suggesting a downside of 29.08% from the current price of $26.2. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Kinder Morgan Inc (KMI) Summary page.
