Barclays Sticks to Its Hold Rating for Cheniere Energy Partners LP (CQP)

In a report issued on July 16, Christine Cho, CFA from Barclays maintained a Hold rating on Cheniere Energy Partners LP (CQPResearch Report), with a price target of $45. The company’s shares closed yesterday at $43.50, close to its 52-week high of $45.27.

According to TipRanks.com, CFA is a 2-star analyst with an average return of 0.1% and a 48.0% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Antero Midstream Corporation, Dcp Midstream Partners Lp, and Targa Resources Corp.

Currently, the analyst consensus on Cheniere Energy Partners LP is a Hold with an average price target of $46.25.

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The company has a one-year high of $45.27 and a one-year low of $32.55. Currently, Cheniere Energy Partners LP has an average volume of 135.6K.

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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.