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Cheniere Energy Partners (CQP) Stock Forecast & Price Target

$53.22
+1.19 (+2.29%)
(As of 07/18/2024 ET)

Cheniere Energy Partners - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 5 Wall Street analysts who have issued ratings for Cheniere Energy Partners in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 5 analysts, 2 have given a sell rating, and 3 have given a hold rating for CQP.

Consensus Price Target

$49.25
-7.46% Downside
High Forecast$53.00
Average Forecast$49.25
Low Forecast$46.00

According to the 5 analysts' twelve-month price targets for Cheniere Energy Partners, the average price target is $49.25. The highest price target for CQP is $53.00, while the lowest price target for CQP is $46.00. The average price target represents a forecasted downside of -7.46% from the current price of $53.22.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Reduce
Reduce
Reduce
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$49.25$49.00$49.20$50.38
Forecasted Upside-7.46% Downside-2.59% Downside-0.40% Downside1.10% Upside
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CQP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CQP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cheniere Energy Partners Stock vs. The Competition

TypeCheniere Energy PartnersOils/Energy CompaniesS&P 500
Consensus Rating Score
1.60
2.56
2.51
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside-7.46% Downside323.82% Upside9.09% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/17/2024Barclays
2 of 5 stars
 Boost TargetUnderweight ➝ Underweight$45.00 ➝ $46.00-12.75%
6/24/2024Sanford C. Bernstein
3 of 5 stars
 Initiated CoverageMarket Perform
4/24/2024UBS Group
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$53.00 ➝ $50.00+4.76%
2/22/2024Stifel Nicolaus
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 UpgradeSell ➝ Hold
10/5/2023The Goldman Sachs Group
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 Initiated CoverageSell ➝ Sell$48.00-8.57%
6/1/2023Wolfe Research
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 DowngradePeer Perform ➝ Underperform$43.00-2.97%
4/3/2023Royal Bank of Canada
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 Lower TargetSector Perform$56.00 ➝ $48.00+1.44%
1/9/2023Citigroup
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 Lower TargetSell$47.00 ➝ $44.00-21.05%
9/15/2022Morgan Stanley
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 Boost Target$48.00 ➝ $56.00-1.43%
8/11/2022Evercore ISI
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 UpgradeOutperform$54.00 ➝ $55.00+17.77%
7/26/2022US Capital Advisors
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J. Carreker
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UpgradeUnderweight ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:31 AM ET.

CQP Forecast - Frequently Asked Questions

What is Cheniere Energy Partners' forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Cheniere Energy Partners is $49.25, with a high forecast of $53.00 and a low forecast of $46.00.

Should I buy or sell Cheniere Energy Partners stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheniere Energy Partners in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" CQP shares.

Does Cheniere Energy Partners's stock price have much downside?

According to analysts, Cheniere Energy Partners's stock has a predicted downside of -5.35% based on their 12-month stock forecasts.

What analysts cover Cheniere Energy Partners?

Cheniere Energy Partners has been rated by research analysts at Barclays, Sanford C. Bernstein, and UBS Group in the past 90 days.

Do Wall Street analysts like Cheniere Energy Partners more than its competitors?

Analysts like Cheniere Energy Partners less than other "oils/energy" companies. The consensus rating for Cheniere Energy Partners is Reduce while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how CQP compares to other companies.


This page (NYSE:CQP) was last updated on 7/19/2024 by MarketBeat.com Staff

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