Seaport Global Securities reiterated their buy rating on shares of Hoegh LNG Partners LP (NYSE:HMLP) in a report issued on Tuesday.
A number of other analysts have also recently issued reports on the company. Morgan Stanley raised Hoegh LNG Partners from an equal weight rating to an overweight rating in a research report on Wednesday, November 2nd. Citigroup Inc. lifted their price objective on Hoegh LNG Partners from $18.50 to $21.00 and gave the company a buy rating in a research report on Friday, August 26th. Barclays PLC raised their target price on Hoegh LNG Partners from $19.00 to $20.00 and gave the company an equal weight rating in a report on Tuesday, August 30th. Finally, Stifel Nicolaus assumed coverage on Hoegh LNG Partners in a report on Monday, December 12th. They set a buy rating and a $22.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of Buy and an average price target of $19.83.
Shares of Hoegh LNG Partners (NYSE:HMLP) traded up 0.271% on Tuesday, reaching $18.525. The company had a trading volume of 13,946 shares. The firm has a market capitalization of $487.62 million, a PE ratio of 14.541 and a beta of 1.02. Hoegh LNG Partners has a 52-week low of $11.50 and a 52-week high of $19.56. The company has a 50-day moving average price of $18.28 and a 200-day moving average price of $18.28.
Hoegh LNG Partners Company Profile