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Enter Symbol:
Teekay Lng Partners, L.p. (TGP) [hlAlert]

down 31.07 %

Teekay Lng Partners, L.p. (TGP) rated Outperform by Raymond James

Posted on: Monday,  Feb 25, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Teekay Lng Partners, L.p. (NYSE: TGP) on 02/25/2013, when the stock price was $37.91.
Since then, Teekay Lng Partners, L.p. has lost 31.07% as of 01/11/2016's recent price of $26.13.
If you would have followed this Raymond James's recommendation on TGP, you would have lost 31.07% of your investment in 1050 days.

Teekay LNG Partners L.P. is an international provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. Teekay LNG Partners L.P. provides marine transportation services under long term, fixed rate time charter contracts with energy and utility companies through its fleet of 15 LNG carriers, six LPG carriers and eight Suezmax class crude oil tankers. As of May 1, 2009, its fleet of existing LNG carriers had approximately 2.4 million cubic meters of total capacity. The Company generates revenues by charging customers for the transportation of their LNG, LPG and crude oil using its vessels. The Company operates in two segments: Liquefied Gas Segment and Suezmax Tanker Segment. On July 28, 2008, Teekay Corporation purchased two 12,000 cubic meter newbuilding Multigas ships from Skaugen subsidiaries.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/25/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -0.56 %
1 Month down  -2.35 %
3 Months down  -7.19 %
1 YTD up  3.03 %

(*) Stock Price at the time of the recommendation.
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