Key Analysts at Morgan Stanley Kept their ‘Overweight’ rating for Hoegh LNG Partners (NYSE:HMLP) Shares Today. Their TP Given is $20

February 13, 2018 - By Marie Mckinney

 Key Analysts at Morgan Stanley Kept their ‘Overweight’ rating for Hoegh LNG Partners (NYSE:HMLP) Shares Today. Their TP Given is $20

Hoegh LNG Partners (NYSE:HMLP) Rating Reaffirmed

The firm has just set a target of $20 on Hoegh LNG Partners (NYSE:HMLP) shares. This is 12.80 % from the current stock price. In a research note revealed to clients on 12 February, Morgan Stanley restate their Overweight rating on shares of HMLP.

Höegh LNG Partners LP (NYSE:HMLP) Ratings Coverage

Among 6 analysts covering Hoegh LNG Partners LP (NYSE:HMLP), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hoegh LNG Partners LP has $27 highest and $20 lowest target. $22.17’s average target is 25.08% above currents $17.725 stock price. Hoegh LNG Partners LP had 15 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Tuesday, July 18. Citigroup maintained it with “Buy” rating and $22 target in Friday, August 25 report. On Wednesday, November 2 the stock rating was upgraded by Morgan Stanley to “Overweight”. Barclays Capital maintained it with “Equal-Weight” rating and $20 target in Tuesday, August 30 report. The stock of Höegh LNG Partners LP (NYSE:HMLP) earned “Accumulate” rating by Seaport Global Securities on Wednesday, January 6. As per Thursday, July 20, the company rating was maintained by Stifel Nicolaus. Morgan Stanley maintained Höegh LNG Partners LP (NYSE:HMLP) rating on Monday, February 12. Morgan Stanley has “Overweight” rating and $20 target. The stock of Höegh LNG Partners LP (NYSE:HMLP) has “Buy” rating given on Friday, August 26 by Citigroup. The stock of Höegh LNG Partners LP (NYSE:HMLP) has “Buy” rating given on Thursday, October 12 by Stifel Nicolaus. As per Wednesday, September 9, the company rating was initiated by Clarkson Capital.

The stock decreased 2.07% or $0.375 during the last trading session, reaching $17.725. About 53,211 shares traded. Höegh LNG Partners LP (NYSE:HMLP) has risen 10.34% since February 13, 2017 and is uptrending. It has underperformed by 6.36% the S&P500.

Analysts await Höegh LNG Partners LP (NYSE:HMLP) to report earnings on February, 27. They expect $0.35 EPS, up 40.00 % or $0.10 from last year’s $0.25 per share. HMLP’s profit will be $11.52M for 12.66 P/E if the $0.35 EPS becomes a reality. After $0.08 actual EPS reported by Höegh LNG Partners LP for the previous quarter, Wall Street now forecasts 337.50 % EPS growth.

Höegh LNG Partners LP focuses on owning, operating, and acquiring floating storage and regasification units , liquefied natural gas (LNG) carriers, and other LNG infrastructure assets under long-term charters. The company has market cap of $583.53 million. The firm also offers ship management services. It has a 11.18 P/E ratio. As of March 31, 2017, it had a fleet of five FSRUs.

More notable recent Höegh LNG Partners LP (NYSE:HMLP) news were published by: Seekingalpha.com which released: “Hoegh LNG Partners LP: These 8.75% Preferred Units Started Trading On The Nasdaq” on October 10, 2017, also Seekingalpha.com with their article: “Hoegh LNG exits Pakistan LNG import project” published on November 24, 2017, Seekingalpha.com published: “Hoegh LNG Partners: Small-Cap MLP Priced For Double-Digit Total Returns” on July 07, 2017. More interesting news about Höegh LNG Partners LP (NYSE:HMLP) were released by: Hellenicshippingnews.com and their article: “Höegh LNG : Höegh LNG Partners LP announces “at the market” equity raising …” published on January 28, 2018 as well as Globenewswire.com‘s news article titled: “Höegh LNG : Höegh LNG Partners LP announces “at the market” equity raising …” with publication date: January 26, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: