Analysts Offer Insights on Materials Companies: Tallgrass Energy GP (NYSE: TEGP) and Cheniere Energy (NYSE MKT: CQP)


Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Tallgrass Energy GP (NYSE: TEGP) and Cheniere Energy (NYSE MKT: CQP).

Tallgrass Energy GP (NYSE: TEGP)

In a report released today, Selman Akyol from Stifel Nicolaus maintained a Buy rating on Tallgrass Energy GP (NYSE: TEGP), with a price target of $23. The company’s shares closed on Friday at $19.96.

According to TipRanks.com, Akyol is a 3-star analyst with an average return of 1.0% and a 55.2% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Energy Transfer Partners LP, Dcp Midstream Partners Lp, and Spectra Energy Partners.

Tallgrass Energy GP has an analyst consensus of Moderate Buy, with a price target consensus of $24.75.

See today’s analyst top recommended stocks >>

Cheniere Energy (NYSE MKT: CQP)

In a report released today, Benjamin Nolan from Stifel Nicolaus maintained a Hold rating on Cheniere Energy (NYSE MKT: CQP), with a price target of $32. The company’s shares closed on Friday at $31.40.

According to TipRanks.com, Nolan is ranked 0 out of 5 stars with an average return of -4.2% and a 51.9% success rate. Nolan covers the Services sector, focusing on stocks such as Dynagas LNG Partners LP , Teekay LNG Partners, and Star Bulk Carriers.

Cheniere Energy has an analyst consensus of Hold, with a price target consensus of $33.50.

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