J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on Kinder Morgan (NYSE:KMI) on Tuesday, setting a price target of $18, which is approximately 8.96% above the present share price of $16.52.
Tonet expects Kinder Morgan to post earnings per share (EPS) of $0.22 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Kinder Morgan, with an average price target of $19.8.
The analysts price targets range from a high of $22 to a low of $18.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $3.82 billion and a net profit of $845 million. The company's market cap is $37.44 billion.
According to TipRanks.com, J.P. Morgan analyst Jeremy Tonet is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.8% and a 56.61% success rate.
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.