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Cheniere Energy Partners (CQP) Receives a Rating Update from a Top Analyst

RBC Capital analyst Elvira Scotto maintained a Hold rating on Cheniere Energy Partners (CQP – Research Report) today and set a price target of $65.00. The company’s shares opened today at $60.22.

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Scotto covers the Energy sector, focusing on stocks such as Oneok, Plains All American, and Targa Resources. According to TipRanks, Scotto has an average return of 23.3% and a 71.07% success rate on recommended stocks.

Currently, the analyst consensus on Cheniere Energy Partners is a Moderate Sell with an average price target of $56.11, which is a -6.82% downside from current levels. In a report released on January 31, Morgan Stanley also maintained a Hold rating on the stock with a $71.00 price target.

The company has a one-year high of $63.29 and a one-year low of $45.51. Currently, Cheniere Energy Partners has an average volume of 189.5K.

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