Published On: Wed, Oct 19th, 2016

Kayne Anderson MLP Investment Company (NYSE:KYN) Latest Broker Views

A number of investment brokers have recently updated their price targets on shares of Kayne Anderson MLP Investment Company (NYSE:KYN).

Most recent broker ratings

02/16/2016 – Kayne Anderson MLP Investment Company had its “neutral” rating reiterated by analysts at Ladenburg Thalmann.

12/07/2015 – Kayne Anderson MLP Investment Company was downgraded to “neutral” by analysts at Bank of America Merrill Lynch.

The share price of Kayne Anderson MLP Investment Company (NYSE:KYN) was down -0.31% during the last day of trading, with a day high of 19.69. 253359 shares were traded during the last session.

The stock’s 50 day moving average is 19.73 and its 200 day moving average is 18.89.Kayne Anderson MLP Investment Company has a 52-week low of 10.10 and a 52-week high of 24.45.

Kayne Anderson MLP Investment Company is a non-diversified closed-end management investment company. The Company’s investment objective is to obtain a high after-tax total return by investing approximately 90% of its net assets plus any borrowings in energy-related master limited partnerships and their affiliates (collectively, MLPs), and in other companies that, as their principal business, operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal (collectively with MLPs, Midstream Energy Companies). Its investments are principally in equity securities issued by MLPs. The Company may also invest in debt securities of MLPs and equity/debt securities of other Midstream Energy Companies. Its investment advisor is KA Fund Advisors, LLC.