The Cheniere Energy Partners LP (CQP) Given “Outperform” Rating at Credit Suisse Group AG

The Cheniere Energy Partners LP (CQP) Given “Outperform” Rating at Credit Suisse Group AG

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

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