The Hoegh LNG Partners LP (HMLP) Receives “Buy” Rating from the Seaport Global Securities

The Hoegh LNG Partners LP (HMLP) Receives “Buy” Rating from the Seaport Global Securities

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

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