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

Rating:
Accumulate
TGP
down 35.17 %

Teekay Lng Partners, L.p. (TGP) rated Accumulate with price target $47 by Global Hunter Securities

Posted on: Wednesday,  Aug 27, 2014  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Accumulate Teekay Lng Partners, L.p. (NYSE: TGP) on 08/27/2014. Previously Global Hunter Securities rated Buy Teekay Lng Partners, L.p. (NYSE:
TGP) on 04/17/2013., when the stock price was $40.31. Since then, Teekay Lng Partners, L.p. has lost 35.18% as of 01/11/2016's recent price of $26.13.
If you would have followed the previous Global Hunter Securities's recommendation on TGP, you would have lost 35.17% of your investment in 999 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.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/27/2014 9:25 AM Buy
None
43.55 47.00
as of 10/17/2014
1 Week up  0.82 %
1 Month down  -11.03 %
3 Months down  -18.95 %
1 YTD down  -10.91 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/17/2013 10:25 AM Buy
None
40.31 45.00

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