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Barclays Stick to Their Buy Rating for Cheniere Energy Partners LP

Published 10/17/2020, 04:45 AM
Updated 10/17/2020, 04:45 AM


Barclays (LON:BARC) analyst Christine Cho CFA maintained a Buy rating on Cheniere Energy Partners (NYSE:CQP) LP on Thursday, setting a price target of $44, which is approximately 22.70% above the present share price of $35.86.

Cho CFA expects Cheniere Energy (NYSE:LNG) Partners LP to post earnings per share (EPS) of $0.78 for the fourth quarter of 2020.

The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Cheniere Energy Partners, with an average price target of $38.67.
The analysts price targets range from a high of $44 to a low of $32.

In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.47 billion and a net profit of $684 million. The company's market cap is $17.36 billion.

According to TipRanks.com, Barclays analyst Christine Cho CFA is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -2.4% and a 48.61% success rate.

Cheniere Energy Partners LP engages in the operations of liquefied natural gas. It also develops, constructs, and operates liquefaction facilities situated adjacent to the regasification facilities at the Sabine Pass Liquefied natural gas terminal. The company was founded in 2006 and is headquartered in Houston, TX.

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