Dynagas LNG Partners Receives New Coverage from Analysts at Clarkson Capital (DLNG)
Clarkson Capital began coverage on shares of Dynagas LNG Partners (NASDAQ:DLNG) in a research note issued on Monday. The firm set an “outperform” rating and a $26.00 price target on the stock. Clarkson Capital’s target price would suggest a potential upside of 13.49% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Dynagas LNG Partners from an “outperform” rating to a “neutral” rating in a research note on Monday, May 12th. They now have a $24.20 price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Dynagas LNG Partners in a research note on Tuesday, May 6th. They now have a $25.00 price target on the stock, up previously from $24.00. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Dynagas LNG Partners presently has a consensus rating of “Buy” and a consensus target price of $23.45.
Dynagas LNG Partners (NASDAQ:DLNG) traded up 0.48% during mid-day trading on Monday, hitting $22.91. The stock had a trading volume of 30,034 shares. Dynagas LNG Partners has a one year low of $16.75 and a one year high of $23.90. The stock’s 50-day moving average is $21.96 and its 200-day moving average is $21.23. The company has a market cap of $687.3 million and a price-to-earnings ratio of 15.05.
Dynagas LNG Partners (NASDAQ:DLNG) last released its earnings data on Thursday, May 15th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.36 by $0.01. Analysts expect that Dynagas LNG Partners will post $1.50 EPS for the current fiscal year.
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