Media stories about Teekay LNG Partners (NYSE:TGP) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Teekay LNG Partners earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the shipping company an impact score of 46.0125465432562 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Teekay LNG Partners (NYSE:TGP) traded up $0.05 during mid-day trading on Friday, hitting $20.15. 186,214 shares of the company were exchanged, compared to its average volume of 272,039. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.32 and a quick ratio of 0.32. Teekay LNG Partners has a 12-month low of $13.85 and a 12-month high of $20.40. The stock has a market capitalization of $1,600.50, a price-to-earnings ratio of 24.57 and a beta of 1.28.
A number of equities research analysts have recently issued reports on the stock. Jefferies Group assumed coverage on shares of Teekay LNG Partners in a research report on Monday, December 18th. They issued a “hold” rating and a $18.00 target price on the stock. Zacks Investment Research cut shares of Teekay LNG Partners from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 14th. UBS Group decreased their target price on shares of Teekay LNG Partners from $26.00 to $24.00 and set a “buy” rating on the stock in a research report on Friday, November 10th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $16.00 target price on shares of Teekay LNG Partners in a research report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $18.00.
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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. The Company’s fleet, excluding newbuildings, consists of approximately 30 LNG carriers (including the six MALT LNG Carriers, four RasGas 3 LNG Carriers, four Angola LNG Carriers and two Exmar LNG Carriers), over 20 LPG carriers (including 20 Exmar LPG Carriers), approximately seven Suezmax-class crude oil tankers and a Handymax product tanker, all of which are double-hulled.
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