Cheniere Energy Partners (CQP) Gets a Sell from Wells Fargo

Wells Fargo analyst Michael Blum maintained a Sell rating on Cheniere Energy Partners (CQP – Research Report) yesterday and set a price target of $48.00. The company’s shares closed yesterday at $47.77.

Blum covers the Energy sector, focusing on stocks such as Equitrans Midstream, Cheniere Energy, and Cheniere Energy Partners. According to TipRanks, Blum has an average return of 9.0% and a 62.14% success rate on recommended stocks.

In addition to Wells Fargo, Cheniere Energy Partners also received a Sell from Goldman Sachs’s John Mackay in a report issued on May 7. However, on May 13, UBS maintained a Hold rating on Cheniere Energy Partners (NYSE: CQP).

The company has a one-year high of $60.12 and a one-year low of $40.32. Currently, Cheniere Energy Partners has an average volume of 194.1K.

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Cheniere Energy Partners (CQP) Company Description:

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.