Cheniere Energy Partners (CQP) Gets a Sell Rating from Barclays

Barclays analyst Marc Solecitto maintained a Sell rating on Cheniere Energy Partners (CQPResearch Report) on April 20 and set a price target of $51.00. The company’s shares closed last Friday at $53.59.

According to TipRanks.com, Solecitto is a 5-star analyst with an average return of 23.9% and a 78.4% success rate. Solecitto covers the Industrial Goods sector, focusing on stocks such as Dcp Midstream Partners, Equitrans Midstream, and New Fortress Energy.

Currently, the analyst consensus on Cheniere Energy Partners is a Moderate Sell with an average price target of $49.67.

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The company has a one-year high of $61.91 and a one-year low of $38.00. Currently, Cheniere Energy Partners has an average volume of 269.8K.

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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.

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