Teekay LNG Partners L.P. with ticker code (TGP) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 17 and 14 with a mean TP of 16.33. Given that the stocks previous close was at 16.99 this is indicating there is a potential downside of -3.9%. The day 50 moving average is 16.92 and the 200 moving average now moves to 15.73. The company has a market capitalisation of $m. You can visit the company’s website by visiting: https://www.teekay.com
The potential market cap would be $m based on the market concensus.
Teekay LNG Partners L.P. provides marine transportation services focusing on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) worldwide. It operates in two segments, LNG and LPG. 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, 2020, it had a fleet of 47 LNG carriers and 30 LPG and multi-gas carriers. Teekay GP L.L.C. serves as the general partner of the company. Teekay LNG Partners L.P. was incorporated in 2004 and is based in Hamilton, Bermuda.
