Credit Suisse Group AG announced Cheniere Energy Partners LP Holdings LLC (NYSE:CQH), boosting its stock price target to $24.00 today
- Updated: October 11, 2016
Yesterday Cheniere Energy Partners LP Holdings LLC (NYSE:CQH) traded -1.78% lower at $22.48. The company’s 50-day moving average is $21.08 and its 200-day moving average is $19.91. The last stock close price is up 10.91% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 7,709 shares of the stock were exchanged, down from an average trading volume of 217,348
In a report released on 10/12/2016 Credit Suisse Group AG increased the stock price target of Cheniere Energy Partners LP Holdings LLC (NYSE:CQH) to $24.00 indicating a possible upside of 0.07%.
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Cheniere Energy Partners LP Holdings LLC has a 52 week low of $12.04 and a 52 week high of $22.84 with a P/E ratio of 283.08 The company’s market cap is currently $0.
In addition to Credit Suisse Group AG reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $25.44 with 1 firm rating the stock a strong buy, 6 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Cheniere Energy Partners LP Holdings LLC (NYSE:CQH)
Cheniere Energy Partners LP Holdings, LLC is a limited liability company. The Company's business consists of owning and holding Cheniere Partners' limited partner common units, Class B units and subordinated units. The Company owns over 11,963,490 common units, which are entitled to quarterly cash distributions from Cheniere Partners, approximately 135,383,830 subordinated units and 45,333,330 Class B units. Cheniere Partners owns and operates liquefied natural gas (LNG) regasification facilities at the Sabine Pass LNG terminal through its subsidiary, Sabine Pass LNG, L.P. Through its subsidiary Cheniere Creole Trail Pipeline, L.P., Cheniere Partners also owns the 94-mile Creole Trail Pipeline, which interconnects the Sabine Pass LNG terminal with a number of interstate pipelines. In addition, the Company owns a non-economic voting interest in GP Holdco, the general partner of Cheniere Partners.
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