Cheniere Energy Partners LP Holdings LLC (CQH) Receives $30.90 Average Price Target from Analysts
Shares of Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) have earned an average rating of “Hold” from the eight brokerages that are covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $30.90.
Several analysts have recently issued reports on CQH shares. Zacks Investment Research lowered Cheniere Energy Partners from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 17th. US Capital Advisors restated a “hold” rating on shares of Cheniere Energy Partners in a research report on Tuesday, July 17th. Royal Bank of Canada downgraded Cheniere Energy Partners from an “outperform” rating to a “sector perform” rating in a research report on Friday, August 10th. Finally, Scotiabank set a $29.00 price objective on Cheniere Energy Partners and gave the stock a “hold” rating in a research report on Monday, August 20th.
Shares of CQH remained flat at $$32.07 during trading hours on Wednesday. Cheniere Energy Partners has a fifty-two week low of $24.03 and a fifty-two week high of $33.59.
Hedge funds have recently made changes to their positions in the stock. Guggenheim Capital LLC bought a new position in Cheniere Energy Partners in the first quarter valued at about $203,000. Citadel Advisors LLC bought a new position in Cheniere Energy Partners in the second quarter valued at about $239,000. Janus Henderson Group PLC bought a new position in Cheniere Energy Partners in the second quarter valued at about $292,000. UBS Group AG raised its position in Cheniere Energy Partners by 20,344.4% in the first quarter. UBS Group AG now owns 18,400 shares of the energy company’s stock valued at $508,000 after purchasing an additional 18,310 shares during the last quarter. Finally, Gabelli Funds LLC bought a new position in Cheniere Energy Partners in the second quarter valued at about $574,000.
Cheniere Energy Partners Company Profile
Cheniere Energy Partners LP Holdings, LLC, through its interest in Cheniere Energy Partners, L.P., develops, constructs, owns, and operates liquefied natural gas (LNG) regasification facilities at the Sabine Pass LNG terminal located on the Sabine-Neches Waterway. It also owns a 94-mile pipeline, which interconnects the Sabine Pass LNG terminal with various interstate pipelines.
See Also: Balanced Fund
Receive News & Ratings for Cheniere Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.