RBC Capital keeps Kinder Morgan at Sector Perform with $38 target
RBC Capital analysts kept Sector Perform on Kinder Morgan with a $38 target, citing a 5% Adjusted EBITDA beat in 3Q26 and a $14.4 billion backlog.
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what happened
According to TradingView, RBC Capital analysts kept their Sector Perform rating on Kinder Morgan and set a $38 price target. That target implies roughly 12.3% upside from the October 27 close of $33.85.
The analyst note says the company's Adjusted EBITDA beat expectations by 5% in the third quarter of 2026. Solid natural gas volumes and favorable commodity prices supported the result. The project backlog also grew to $14.4 billion, which the analysts see as a basis for growth into the early 2030s.
why it matters
For energy investors, two details stand out: gas volumes still drive the results, and a larger project pipeline points to longer-term cash flows. The note itself stays neutral and contains no recommendation to buy or sell the shares.
tags
instruments
sources
- RBC Capital maintains Sector Perform rating on Thryv Holdings, $2 price target — TradingView, 28 October 2026 at 15:41 UTC
- RBC Capital maintains Sector Perform rating on Kinder Morgan, $38 price target — TradingView, 28 October 2026 at 15:57 UTC
- RBC Capital maintains Sector Perform rating on Polaris, $72 price target — TradingView, 28 October 2026 at 16:01 UTC
- RBC Capital maintains Sector Perform rating on Pentair, $69 price target — TradingView, 28 October 2026 at 16:00 UTC
- RBC Capital maintains Sector Perform rating on Public Storage, $323 price target — TradingView, 28 October 2026 at 16:03 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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