Teekay LNG Partners L.P. – Consensus Indicates Potential 28.2% Upside

Broker Ratings

Teekay LNG Partners L.P. with ticker code (TGP) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 19 and 11 and has a mean target at 14.5. With the stocks previous close at 11.31 this would indicate that there is a potential upside of 28.2%. The 50 day MA is 11.49 and the 200 moving average now moves to 11.22. The company has a market capitalisation of $985m. You can visit the company’s website by visiting: http://www.teekay.com

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Teekay LNG Partners L.P. provides marine transportation services focusing on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) worldwide. It operates in LNG and LPG segments. The company transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia. As of December 31, 2019, it had a fleet of 49 LNG carriers and 30 LPG/multi-gas carriers. Teekay GP L.L.C. serves as the general partner of the company. Teekay LNG Partners L.P. was founded in 2004 and is based in Hamilton, Bermuda.

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