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Bank of America assumed coverage on shares of Hoegh LNG Partners (NASDAQ:HMLP) in a research note issued on Tuesday. The firm set a “buy” rating and a $28.00 price target on the stock.

Hoegh LNG Partners (NASDAQ:HMLP) opened at 25.89 on Tuesday. Hoegh LNG Partners has a 52 week low of $21.75 and a 52 week high of $26.00. The stock has a 50-day moving average of $24.57 and a 200-day moving average of $24.57. The company has a market cap of $681.2 million and a price-to-earnings ratio of 21.69.

Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley initiated coverage on shares of Hoegh LNG Partners in a research note on Tuesday. They set an “equal weight” rating and a $24.00 price target on the stock. Analysts at Citigroup Inc. initiated coverage on shares of Hoegh LNG Partners in a research note on Tuesday. They set a “buy” rating on the stock.

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