Dynagas LNG Partners LP Gets a Buy Rating from Stifel Nicolaus

By Jason Carr

Stifel Nicolaus analyst Selman Akyol reiterated a Buy rating on Dynagas LNG Partners LP (NASDAQ: DLNG) on September 28 and set a price target of $19. The company’s shares closed on Friday at $13.94.

According to TipRanks.com, Akyol is a 4-star analyst with an average return of 2.7% and a 55.2% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Vanguard Natural Resources LLC, and Energy Transfer Partners LP.

Currently, the analyst consensus on Dynagas LNG Partners LP is Strong Buy and the average price target is $18.67, representing a 33.9% upside.

In a report issued on September 25, Jefferies also reiterated a Buy rating on the stock with a $19 price target.

The company has a one year high of $17.93 and a one year low of $12.76. Currently, Dynagas LNG Partners LP has an average volume of 113.7K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Dynagas LNG Partners LP engages in the provision of seaborne transportation services. It owns and operates liquefied natural gas carriers which are employed to energy companies under multi-year charters. The company was founded by George Prokopiou on May 29, 2013 and is headquartered in Monaco.