Cheniere Energy Partners (NYSEAMERICAN:CQH) has been given a $32.00 target price by research analysts at Barclays in a research note issued on Monday. The brokerage currently has a “hold” rating on the energy company’s stock. Barclays’ price target would indicate a potential upside of 11.42% from the company’s previous close.
Several other brokerages have also recently issued reports on CQH. BidaskClub upgraded Cheniere Energy Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Morgan Stanley boosted their price target on Cheniere Energy Partners from $22.00 to $23.00 and gave the company an “equal weight” rating in a research note on Friday, November 17th. US Capital Advisors cut Cheniere Energy Partners from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, Zacks Investment Research cut Cheniere Energy Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $29.00.
Shares of Cheniere Energy Partners (CQH) traded up $0.46 during trading hours on Monday, hitting $28.72. The stock had a trading volume of 43,164 shares, compared to its average volume of 130,470. Cheniere Energy Partners has a 12 month low of $22.31 and a 12 month high of $29.73. The company has a market capitalization of $6,530.00, a PE ratio of 359.25 and a beta of 0.99.
Large investors have recently made changes to their positions in the company. GSA Capital Partners LLP increased its holdings in shares of Cheniere Energy Partners by 102.8% during the third quarter. GSA Capital Partners LLP now owns 16,443 shares of the energy company’s stock worth $412,000 after buying an additional 8,337 shares in the last quarter. Atlantic Trust Group LLC increased its holdings in Cheniere Energy Partners by 9.1% in the third quarter. Atlantic Trust Group LLC now owns 2,110,957 shares of the energy company’s stock valued at $52,943,000 after purchasing an additional 175,993 shares during the period. Jane Street Group LLC acquired a new stake in Cheniere Energy Partners in the third quarter valued at $327,000. Susquehanna International Group LLP increased its holdings in Cheniere Energy Partners by 152.3% in the third quarter. Susquehanna International Group LLP now owns 20,227 shares of the energy company’s stock valued at $507,000 after purchasing an additional 12,211 shares during the period. Finally, California Public Employees Retirement System increased its holdings in Cheniere Energy Partners by 39.6% in the third quarter. California Public Employees Retirement System now owns 34,201 shares of the energy company’s stock valued at $858,000 after purchasing an additional 9,701 shares during the period.
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About Cheniere Energy Partners
Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings) is a limited liability company. The Company’s business consists of owning and holding Cheniere Energy Patners, L.P. (Cheniere Partners) limited partner common units, Class B units and subordinated units (collectively, the Cheniere Partners units), along with cash or other property that it receives as distributions in respect of such units.
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