Teekay LNG Partners L.P. with ticker code (TGP) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 19 and 11 calculating the mean target price we have 14.29. Given that the stocks previous close was at 11.39 this is indicating there is a potential upside of 25.5%. The day 50 moving average is 10.72 while the 200 day moving average is 11.26. The market capitalisation for the company is $1,049m. You can visit the company’s website by visiting: 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.