Cheniere Energy Now Covered by Clarkson Capital (LNG)
Research analysts at Clarkson Capital assumed coverage on shares of Cheniere Energy (NYSE:LNG) in a report released on Wednesday, AnalystRatingsNetwork.com reports. The firm set an “outperform” rating on the stock.
Separately, analysts at Deutsche Bank initiated coverage on shares of Cheniere Energy in a research note to investors on Friday, September 27th. They set a “buy” rating and a $39.00 price target on the stock. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Cheniere Energy currently has an average rating of “Buy” and a consensus price target of $34.80.
Cheniere Energy (NYSE:LNG) opened at 34.50 on Wednesday. Cheniere Energy has a 52 week low of $13.85 and a 52 week high of $35.88. The stock’s 50-day moving average is $31.3 and its 200-day moving average is $29.07. The company’s market cap is $7.500 billion.
Cheniere Energy (NYSE:LNG) last announced its earnings results on Friday, August 2nd. The company reported ($0.71) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.38) by $0.33. The company had revenue of $67.20 million for the quarter, compared to the consensus estimate of $66.10 million. Cheniere Energy’s revenue was up 7.9% compared to the same quarter last year.
Cheniere Energy, Inc (NYSE:LNG) is engaged in liquid natural gas LNG-related businesses.
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