According to Reuters, the consensus rating for Teekay LNG Partners (TGP) is 2.38, which means a “buy” on a scale of one (strong buy) to five (strong sell).
Liquefied natural gas (UNG) carrier company Höegh LNG Partners (HMLP) has a consensus rating of 1.43. Dynagas LNG Partners (DLNG) and GasLog (GLOG) have consensus ratings of 2.57 and 2.08, respectively.
Eight analysts have given recommendations on Teekay LNG Partners. Of these, 37% of analysts are bullish. Two have recommended “strong buys,” and one has recommended a “buy” on the stock. Meanwhile, 63% of analysts have recommended “holds” on Teekay LNG Partners. For Golar LNG (GLNG), 85% of analysts are bullish. For GasLog (GLOG) and Höegh LNG Partners, 61% and 100% of analysts are bullish, respectively.
The consensus 12-month target price for Teekay LNG Partners is $20.63, which implies a potential upside of 12.4% from its price of $18.3 on April 17.
Revenue and earnings estimates
Analysts expect Teekay LNG Partners’ second-quarter revenue to be $124.8 million, 8.2% higher than its revenue of $115.3 million in the previous quarter. Its 2018 revenue is expected to be $515.5 million, a 19.14% rise compared to $432 million in 2017. In 2019, Teekay LNG Partners’ revenue is expected to rise to $628.9 million.
Analysts’ second-quarter EBITDA estimate is $98.12 million, which is a rise of 89% compared to the $51.7 million it reported in the previous quarter. For 2018, its EBITDA estimate is $377.9 million, 24.01% higher than its EBITDA of $304.7 million in 2017.