Teekay LNG Partners L.P. – Consensus Indicates Potential 25.5% Upside

Broker Ratings

Teekay LNG Partners L.P. with ticker code (TGP) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 19 and 11 with a mean TP of 14.29. With the stocks previous close at 11.39 this indicates there is a potential upside of 25.5%. The 50 day moving average now sits at 10.72 and the 200 day MA is 11.26. The company has a market cap of $1,049m. Find out more information at: http://www.teekay.com

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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