Published On: Wed, Oct 19th, 2016

Hoegh LNG Partners LP (NYSE:HMLP) Latest Broker Views


A number of investment brokers have recently updated their price targets on shares of Hoegh LNG Partners LP (NYSE:HMLP).

Most recent broker ratings

08/30/2016 – Hoegh LNG Partners LP had its “equal-weight” rating reiterated by analysts at Barclays. They now have a USD 20 price target on the stock.

08/26/2016 – Hoegh LNG Partners LP had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 21 price target on the stock.

03/01/2016 – Hoegh LNG Partners LP had its “equal-weight” rating reiterated by analysts at Morgan Stanley. They now have a USD 15 price target on the stock.

01/06/2016 – Seaport Global Securities began new coverage on Hoegh LNG Partners LP giving the company a “accumulate” rating. They now have a USD 22 price target on the stock.

09/09/2015 – Clarkson Capital began new coverage on Hoegh LNG Partners LP giving the company a “buy” rating. They now have a USD 27 price target on the stock.

05/12/2015 – Hoegh LNG Partners LP was downgraded to “hold” by analysts at Zacks.

12/08/2014 – Hoegh LNG Partners LP was upgraded to “buy” by analysts at UBS. They now have a USD 26 price target on the stock.

09/02/2014 – Bank of America Merrill Lynch began new coverage on Hoegh LNG Partners LP giving the company a “buy” rating. They now have a USD 28 price target on the stock.

The share price of Hoegh LNG Partners LP (NYSE:HMLP) was up +0.00% during the last day of trading, with a day high of 18.80. 4619 shares were traded during the last session.

The stock’s 50 day moving average is 18.20 and its 200 day moving average is 18.11. The stock’s market capitalization is 492.22M. Hoegh LNG Partners LP has a 52-week low of 11.50 and a 52-week high of 19.56.

Hoegh LNG Partners LP owns, operates and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The Company’s segments include Majority held FSRUs, Joint venture FSRUs and other. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long term time charters. The Company intends to acquire newbuilding FSRUs on long-term charters, rather than FSRUs based on retrofitted, first-generation LNG carriers. The PGN FSRU Lampung is located offshore in the Lampung province at the southeast coast of Sumatra, Indonesia.