After A 20% YTD Surge, Kinder Morgan Could Gain Another 13.3%, Vetr Crowd Says

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Shares of Kinder Morgan Inc KMI are up almost 20 percent year-to-date, and 3.5 percent over the past month. However, the Vetr crowd seems to believe the rally will continue for a while, as indicated by the community’s average price target of $20.18, which implies an upside potential of roughly 13.3 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect this upside potential, the Vetr community decided upgrade its rating on shares of Kinder Mongan on Friday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating.

Finally, it should be noted that 76 percent of the crowd’s ratings are bullish. Interestingly, the distribution of the ratings is quite concentrated. Check out a chart illustrating this, here.

 

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

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Posted In: UpgradesPrice TargetCrowdsourcingAnalyst RatingsGeneralVetr
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