Jefferies Group reissued their buy rating on shares of Capital Product Partners L.P. (NASDAQ:CPLP) in a report published on Monday. Jefferies Group currently has a $5.00 price target on the stock.

CPLP has been the topic of a number of other reports. Zacks Investment Research raised shares of Capital Product Partners L.P. from a sell rating to a hold rating in a report on Wednesday, August 31st. Deutsche Bank AG increased their target price on shares of Capital Product Partners L.P. from $2.50 to $4.00 and gave the stock a hold rating in a report on Monday, August 1st. Two research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. Capital Product Partners L.P. has a consensus rating of Hold and a consensus target price of $7.75.

Capital Product Partners L.P. (NASDAQ:CPLP) opened at 3.26 on Monday. Capital Product Partners L.P. has a 12 month low of $2.41 and a 12 month high of $7.65. The stock has a market cap of $392.53 million, a PE ratio of 8.86 and a beta of 1.56. The firm has a 50-day moving average of $3.49 and a 200 day moving average of $3.18.

Capital Product Partners L.P. (NASDAQ:CPLP) last issued its earnings results on Friday, July 29th. The company reported $0.10 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.10. The business had revenue of $60.90 million for the quarter, compared to analyst estimates of $60.89 million. Analysts anticipate that Capital Product Partners L.P. will post $0.37 EPS for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp boosted its position in shares of Capital Product Partners L.P. by 3.9% in the first quarter. State Street Corp now owns 90,071 shares of the company’s stock valued at $285,000 after buying an additional 3,369 shares during the last quarter. UBS Group AG boosted its position in shares of Capital Product Partners L.P. by 52.0% in the first quarter. UBS Group AG now owns 1,301,664 shares of the company’s stock valued at $4,114,000 after buying an additional 445,034 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Capital Product Partners L.P. by 186.0% in the first quarter. Geode Capital Management LLC now owns 102,650 shares of the company’s stock valued at $323,000 after buying an additional 66,756 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Capital Product Partners L.P. by 429.7% in the first quarter. Renaissance Technologies LLC now owns 556,212 shares of the company’s stock valued at $1,758,000 after buying an additional 451,206 shares during the last quarter. Finally, Aristotle Capital Boston LLC boosted its position in shares of Capital Product Partners L.P. by 9.3% in the first quarter. Aristotle Capital Boston LLC now owns 593,310 shares of the company’s stock valued at $1,875,000 after buying an additional 50,605 shares during the last quarter.

About Capital Product Partners L.P.

Capital Product Partners L.P. is an international owner of modern tanker, container and drybulk vessels. The Partnership owns approximately 35 vessels, including twenty modern Medium Range (MR) product tankers, four Suezmax crude oil tankers, 10 post panamax container vessels and one Capesize bulk carrier.

5 Day Chart for NASDAQ:CPLP

Receive News & Ratings for Capital Product Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Product Partners L.P. and related companies with MarketBeat.com's FREE daily email newsletter.