Credit Suisse Group AG restated their outperform rating on shares of Cheniere Energy Partners LP (NYSEMKT:CQP) in a research note released on Wednesday, StockTargetPrices.com reports.
A number of other equities analysts have also recently issued reports on CQP. Barclays PLC lowered their target price on Cheniere Energy Partners from $36.00 to $32.00 and set an overweight rating for the company in a report on Tuesday, September 6th. Wolfe Research initiated coverage on Cheniere Energy Partners in a report on Wednesday, June 22nd. They issued an outperform rating for the company. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of Buy and an average price target of $32.63.
Shares of Cheniere Energy Partners (NYSEMKT:CQP) opened at 28.76 on Wednesday. Cheniere Energy Partners has a 12 month low of $19.22 and a 12 month high of $31.49. The company’s market capitalization is $9.72 billion. The firm has a 50-day moving average of $27.92 and a 200 day moving average of $28.49.
Several large investors have recently made changes to their positions in CQP. LPL Financial LLC increased its position in Cheniere Energy Partners by 3.4% in the first quarter. LPL Financial LLC now owns 38,536 shares of the company’s stock worth $1,045,000 after buying an additional 1,283 shares during the period. Harvest Fund Advisors LLC increased its position in Cheniere Energy Partners by 84.7% in the first quarter. Harvest Fund Advisors LLC now owns 1,973,686 shares of the company’s stock worth $56,921,000 after buying an additional 905,216 shares during the period. National Planning Corp purchased a new position in Cheniere Energy Partners during the first quarter worth $224,000. State Street Corp increased its position in Cheniere Energy Partners by 4.1% in the first quarter. State Street Corp now owns 40,614 shares of the company’s stock worth $1,172,000 after buying an additional 1,589 shares during the period. Finally, ING Groep NV increased its position in Cheniere Energy Partners by 950.9% in the first quarter. ING Groep NV now owns 420,357 shares of the company’s stock worth $12,098,000 after buying an additional 380,357 shares during the period.
About Cheniere Energy Partners