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Analysts Have Conflicting Sentiments on These Energy Companies: Cheniere Energy Partners (CQP) and DMC Global (BOOM)

Analysts have been eager to weigh in on the Energy sector with new ratings on Cheniere Energy Partners (CQPResearch Report) and DMC Global (BOOMResearch Report).

Cheniere Energy Partners (CQP)

In a report released today, Benjamin Nolan from Stifel Nicolaus maintained a Hold rating on Cheniere Energy Partners, with a price target of $50.00. The company’s shares closed last Friday at $50.75.

According to TipRanks.com, Nolan is a top 100 analyst with an average return of 20.1% and a 67.6% success rate. Nolan covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Star Bulk Carriers.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Cheniere Energy Partners with a $49.25 average price target, implying a -2.3% downside from current levels. In a report issued on April 24, UBS also maintained a Hold rating on the stock with a $50.00 price target.

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DMC Global (BOOM)

In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on DMC Global, with a price target of $24.00. The company’s shares closed last Friday at $13.64, close to its 52-week low of $13.56.

According to TipRanks.com, Gengaro is a 3-star analyst with an average return of 2.6% and a 40.3% success rate. Gengaro covers the NA sector, focusing on stocks such as Solaris Oilfield Infrastructure, Liberty Oilfield Services, and Oil States International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DMC Global with a $24.00 average price target.

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