Cheniere Energy Partners LP (NYSE:CQP) target price raised to $35.00, issued a report today by Credit Suisse Group AG
- Updated: October 11, 2016
Yesterday Cheniere Energy Partners LP (NYSE:CQP) traded -0.79% lower at $29.06. The company’s 50-day moving average is $27.87 and its 200-day moving average is $28.49. The last stock close price is up 1.19% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,898 shares of the stock were exchanged, down from an average trading volume of 307,797
Cheniere Energy Partners LP (NYSE:CQP) had its target price raised to $35.00 by Credit Suisse Group AG in a report released 10/12/2016. The new target price indicates a possible upside of 0.20% based on the company's last stock close price.
See Chart Below
Cheniere Energy Partners LP has a 52 week low of $19.22 and a 52 week high of $31.49 The company’s market cap is currently $0.
In addition to Credit Suisse Group AG reporting its target price, a total of 11 firms have issued a report on the stock. The consensus target price is $34.64 with 3 firms rating the stock a strong buy, 6 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Cheniere Energy Partners LP (NYSE:CQP)
Cheniere Energy Partners, L.P. is a limited partnership formed by Cheniere Energy, Inc. The Company operates in LNG terminal business segment. Through its subsidiary, Sabine Pass LNG, L.P. (SPLNG), the Company owns and operates the regasification facilities at the Sabine Pass LNG terminal located on the Sabine-Neches Waterway approximately four miles from the Gulf Coast. The Sabine Pass LNG terminal includes existing infrastructure of over five liquefied natural gas (LNG) storage tanks with capacity of approximately 16.9 billion cubic feet equivalent (Bcfe); over two docks that can accommodate vessels with nominal capacity of approximately 266,000 cubic meters, and vaporizers with regasification capacity of approximately four billion cubic feet per day (Bcf/d). The Company is developing and constructing natural gas liquefaction facilities (the Liquefaction Project) at the Sabine Pass LNG terminal through its subsidiary, Sabine Pass Liquefaction, LLC (SPL).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.