Market Overview

UPDATE: Clarkson Capital Markets Initiates Coverage On Dynagas LNG Partners LP On Attractive Investment Opportunity

Share:
Related DLNG
5 NYSE Services Stocks With The Highest Profit Margin
5 NYSE Services Stocks With The Highest Operating Margin

In a report published Tuesday, Clarkson Capital Markets analyst Matthew J. Phillips initiated coverage on Dynagas LNG Partners LP (NASDAQ: DLNG) with an Outperform rating and $26.00 price target.

In the report, Clarkson Capital Markets noted, “We are initiating coverage of Dynagas LNG Partners (DLNG) with an Outperform rating and a $26 price target. In our opinion, Dynagas provides an attractive combination of growth and valuation. It offers built-in growth through GP drop-downs, strong industry fundamentals that offer prospects of future growth, a modern fleet, and long-term contracts with solid counterparties in an industry with high barriers to entry.”

Dynagas LNG Partners LP closed on Monday at $22.91.

Latest Ratings for DLNG

DateFirmActionFromTo
Aug 2015Stifel NicolausMaintainsBuy
Dec 2014Canaccord GenuityInitiates Coverage onHold
Dec 2014ABN Amro BankInitiates Coverage onBuy

View More Analyst Ratings for DLNG
View the Latest Analyst Ratings

Posted-In: Clarkson Capital Markets Matthew J. PhillipsAnalyst Color Initiation Analyst Ratings

 

Related Articles (DLNG)

View Comments and Join the Discussion!

Get Benzinga's Newsletters