Teekay LNG Partners L.P. – Consensus Indicates Potential -3.9% Downside

Broker Ratings

Teekay LNG Partners L.P. found using ticker (TGP) have now 6 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 17 and 14 with the average target price sitting at 16.33. Given that the stocks previous close was at 16.99 this now indicates there is a potential downside of -3.9%. The 50 day moving average now sits at 16.92 while the 200 day moving average is 15.73. The company has a market cap 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.

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