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Investment analysts at Barclays increased their target price on shares of Cheniere Energy Partners (NYSE:CQP) from $29.00 to $31.00 in a note issued to investors on Tuesday. The firm currently has an “overweight” rating on the stock. Barclays’ target price indicates a potential downside of 6.34% from the company’s current price.

Cheniere Energy Partners (NYSE:CQP) traded down 1.27% on Tuesday, hitting $32.68. The stock had a trading volume of 96,007 shares. Cheniere Energy Partners has a 52 week low of $25.57 and a 52 week high of $34.60. The stock has a 50-day moving average of $32.55 and a 200-day moving average of $31.78. The company’s market cap is $11.039 billion.

Cheniere Energy Partners (NYSE:CQP) last released its earnings data on Monday, August 4th. The company reported ($0.85) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.52) by $0.33. On average, analysts predict that Cheniere Energy Partners will post $-1.90 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Howard Weil initiated coverage on shares of Cheniere Energy Partners in a research note on Thursday, August 14th. They set a “sector perform” rating and a $39.00 price target on the stock. Analysts at Raymond James initiated coverage on shares of Cheniere Energy Partners in a research note on Tuesday, June 10th. They set a “market perform” rating on the stock. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Cheniere Energy Partners has a consensus rating of “Hold” and an average target price of $35.80.

Cheniere Energy Partners, L.P. (NYSE:CQP) is a United States-based company, which operates three, 100%-owned, onshore liquefied natural gas, or LNG, receiving terminals along the U.

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