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

Broker Ratings
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Teekay LNG Partners L.P. found using ticker (TGP) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 17 and 14 and has a mean target at 16.33. With the stocks previous close at 16.99 this now indicates there is a potential downside of -3.9%. The day 50 moving average is 16.92 and the 200 day moving average is 15.73. The company has a market capitalisation of $m. Find out more information at: 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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