Kinder Morgan Canada Limited (TSE:KML) shares rose 0% on Wednesday . The company traded as high as C$16.50 and last traded at C$16.37. Approximately 591,716 shares were traded during trading, an increase of 91% from the average daily volume of 309,031 shares. The stock had previously closed at C$16.37.

KML has been the topic of a number of research analyst reports. Scotiabank set a C$24.00 price objective on shares of Kinder Morgan Canada Limited and gave the company an “outperform” rating in a research report on Tuesday, August 1st. TD Securities lowered their price objective on shares of Kinder Morgan Canada Limited from C$26.00 to C$25.00 in a research report on Thursday, October 19th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$21.83.

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About Kinder Morgan Canada Limited

Kinder Morgan Canada Ltd is a Canada-based energy infrastructure company. The Company operates the Business, comprised of a number of pipeline systems and terminal facilities including the Trans Mountain pipeline, the Canadian portion of the Cochin pipeline, the Puget Sound and Trans Mountain Jet Fuel pipelines, the Westridge marine and Vancouver Wharves terminals in British Columbia as well as various crude oil loading facilities in Edmonton, Alberta.

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