Stifel Nicolaus Initiates Coverage on Dynagas LNG Partners (DLNG)
Dynagas LNG Partners (NASDAQ:DLNG) opened at 21.76 on Friday. Dynagas LNG Partners has a one year low of $16.75 and a one year high of $23.90. The stock has a 50-day moving average of $22.01 and a 200-day moving average of $21.25. The company has a market cap of $652.8 million and a price-to-earnings ratio of 14.90.
Dynagas LNG Partners (NASDAQ:DLNG) last announced its earnings results on Thursday, May 15th. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.01. On average, analysts predict that Dynagas LNG Partners will post $1.55 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Dynagas LNG Partners from $20.00 to $22.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at Clarkson Capital initiated coverage on shares of Dynagas LNG Partners in a research note on Monday. They set an “outperform” rating and a $26.00 price target on the stock. Finally, 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. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $23.78.
Dynagas LNG Partners LP is a growth-oriented limited partnership focused on owning and operating LNG carriers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.