Cheniere Energy Partners LP. (CQP)

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Cheniere Energy Receives a Buy from RBC Capital

RBC Capital analyst Elvira Scotto reiterated a Buy rating on Cheniere Energy (NYSE MKT: CQP) today and set a price target of $39. The company’s shares opened today at $29.45.

Cheniere Energy has an analyst consensus of Strong Buy, with a price target consensus of $39.

Based on Cheniere Energy`s latest earnings report from September 30, the company posted quarterly revenue of $67.45M and quarterly net profit of -$98,353,000. In comparison, last year the company earned revenue of $67.45M and had a net profit of -$98,353,000.

According to TipRanks.com, Scotto is a 4-star analyst with an average return of 12.8% and a 71.1% success rate. Scotto covers the Basic Materials sector, focusing on stocks such as Dcp Midstream Partners Lp, Kinder Morgan Management, and Energy Transfer Prn.

Cheniere Energy Partners LP through its wholly-owned subsidiary owns and operates the Sabine Pass LNG receiving terminal.

www.analystratings.com/2014/12/08/cheniere-energy-receives-a-buy-from-rbc-capital/