Cheniere Energy Partners L P Coverage Initiated by Analysts at Goldman Sachs Group Inc. (CQP)
Analysts at Goldman Sachs Group Inc. began coverage on shares of Cheniere Energy Partners L P (NYSE:CQP) in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
Shares of Cheniere Energy Partners L P (NYSE:CQP) traded up 0.85% on Tuesday, hitting $28.55. 461,320 shares of the company’s stock traded hands. Cheniere Energy Partners L P has a one year low of $21.82 and a one year high of $33.00. The stock has a 50-day moving average of $28.91 and a 200-day moving average of $28.53. The company’s market cap is $9.644 billion.
Cheniere Energy Partners L P (NYSE:CQP) last posted its quarterly earnings results on Friday, November 8th. The company reported ($0.20) earnings per share for the quarter. Analysts expect that Cheniere Energy Partners L P will post $-5.94 EPS for the current fiscal year.
Separately, analysts at Clarkson Capital initiated coverage on shares of Cheniere Energy Partners L P in a research note to investors on Wednesday, October 9th. They set a “market perform” rating on the stock. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $32.50.
Cheniere Energy Partners, L.P. (NYSE:CQP) is a limited partnership, through its wholly owned subsidiary, Sabine Pass LNG, L.
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