Kinder Morgan Canada Ltd (TSE:KML) – Stock analysts at National Bank Financial upped their FY2019 earnings per share estimates for shares of Kinder Morgan Canada in a research note issued on Wednesday, October 17th, Zacks Investment Research reports. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $0.30 per share for the year, up from their previous estimate of $0.27.
KML has been the topic of several other reports. TD Securities lowered their price target on Kinder Morgan Canada from C$17.50 to C$16.50 and set a “hold” rating on the stock in a report on Thursday, September 6th. CIBC lowered their price target on Kinder Morgan Canada from C$17.00 to C$16.00 in a report on Thursday, October 18th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Kinder Morgan Canada has an average rating of “Hold” and an average target price of C$18.10.
Kinder Morgan Canada (TSE:KML) last released its quarterly earnings results on Wednesday, October 17th. The company reported C$0.26 earnings per share for the quarter. The firm had revenue of C$94.30 million for the quarter.
About Kinder Morgan Canada
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 Trans Mountain pipeline that transports approximately 300,000 barrels per day of crude oil and refined petroleum from Edmonton, Alberta to Burnaby, British Columbia; Puget Sound pipeline serving Washington State; and Jet Fuel pipeline serving Vancouver International Airport.
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