Cheniere Energy Partners L P Receives New Coverage from Analysts at Deutsche Bank (CQP)
Research analysts at Deutsche Bank began coverage on shares of Cheniere Energy Partners L P (NYSE:CQP) in a report released on Friday, TheFlyOnTheWall.com reports. The firm set a “hold” rating and a $30.00 price target on the stock. Deutsche Bank’s price objective indicates a potential upside of 11.11% from the stock’s previous close.
The analysts wrote, “We are also initiating coverage on Cheniere Energy Partners (NYSE: CQP) with a Hold rating and target price of $30. CQP is comprised of three fully-owned business segments. Sabine Pass LNG (SPLNG), Sabine Pass Liquefaction (SPL), and Creole Trail Pipeline (CTPL). SPLNG is a LNG import regasifciation terminal and SPL is an export liquefaction terminal currently in development.”
Cheniere Energy Partners L P (NYSE:CQP) traded up 0.11% on Friday, hitting $27.03. 31,001 shares of the company’s stock traded hands. Cheniere Energy Partners L P has a 52-week low of $17.59 and a 52-week high of $31.25. The stock’s 50-day moving average is $26.97 and its 200-day moving average is $27.72. The company’s market cap is $9.131 billion.
CQP has been the subject of a number of other recent research reports. Analysts at RBC Capital initiated coverage on shares of Cheniere Energy Partners L P (NYSE:CQP) in a research note to investors on Wednesday, July 3rd. They set an “outperform” rating and a GBX 33 ($0.53) price target on the stock. Analysts at Credit Suisse initiated coverage on shares of Cheniere Energy Partners L P (NYSE:CQP) in a research note to investors on Tuesday, July 2nd. They set an “outperform” rating on the stock.
Cheniere Energy Partners, L.P. (NYSE:CQP) is a limited partnership, through its wholly owned subsidiary, Sabine Pass LNG, L.
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