Shares of TransMontaigne Partners L.P. (NYSE:TLP) have received a consensus rating of “Hold” from the eight brokerages that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $50.00.
Several research firms have recently issued reports on TLP. UBS Group restated a “buy” rating and set a $59.00 price objective (up previously from $53.00) on shares of TransMontaigne Partners in a report on Friday, March 2nd. Zacks Investment Research downgraded shares of TransMontaigne Partners from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Wells Fargo & Co began coverage on shares of TransMontaigne Partners in a report on Thursday, November 30th. They set a “market perform” rating and a $44.00 price objective on the stock. Finally, B. Riley set a $45.00 price objective on shares of TransMontaigne Partners and gave the company a “neutral” rating in a report on Monday, December 18th.
TransMontaigne Partners (TLP) opened at $36.83 on Wednesday. TransMontaigne Partners has a fifty-two week low of $34.42 and a fifty-two week high of $49.31. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The stock has a market cap of $595.97, a PE ratio of 15.09 and a beta of 0.24.
About TransMontaigne Partners
TransMontaigne Partners L.P. is a terminaling and transportation company with operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio Rivers, and in the Southeast. The Company operates its business in five principal business segments: Gulf Coast terminals, Midwest terminals and pipeline system, Brownsville terminals, River terminals and Southeast terminals.
Receive News & Ratings for TransMontaigne Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransMontaigne Partners and related companies with MarketBeat.com's FREE daily email newsletter.