Cheniere Energy Partners L P Receives New Coverage from Analysts at RBC Capital (CQP)

RBC Capital initiated coverage on shares of Cheniere Energy Partners L P (NYSE: CQP) in a research report released on Wednesday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating and a GBX 33 ($0.50) price objective on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse initiated coverage on shares of Cheniere Energy Partners L P in a research note to investors on Tuesday. They set an outperform rating on the stock. Analysts at Barclays Capital upgraded shares of Cheniere Energy Partners L P from an equal weight rating to an overweight rating in a research note to investors on Friday, May 31st. They now have a $34.00 price target on the stock, up previously from $26.00. They noted that the move was a valuation call.

Cheniere Energy Partners L P (NYSE: CQP) traded down 0.71% on Wednesday, hitting $29.35. Cheniere Energy Partners L P has a 52-week low of $17.59 and a 52-week high of $31.25. The stock?s 50-day moving average is currently $28.7. The company?s market cap is $9.562 billion.

Cheniere Energy Partners, L.P. (NYSE: CQP) is a limited partnership, through its wholly owned subsidiary, Sabine Pass LNG, L.

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Source: http://utahpeoplespost.com/2013/07/cheniere-energy-partners-l-p-receives-new-coverage-from-analysts-at-rbc-capital-cqp/

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