Cheniere Energy Now Covered by Howard Weil (LNG)
Investment analysts at Howard Weil initiated coverage on shares of Cheniere Energy (AMEX:LNG) in a note issued to investors on Thursday. The firm set a “sector perform” rating and a $79.00 price target on the stock. Howard Weil’s price objective indicates a potential upside of 9.42% from the company’s current price.
Cheniere Energy (AMEX:LNG) traded up 1.15% on Thursday, hitting $73.0302. 952,544 shares of the company’s stock traded hands. Cheniere Energy has a 52-week low of $26.72 and a 52-week high of $76.46. The stock’s 50-day moving average is $71.87 and its 200-day moving average is $59.46. The company’s market cap is $16.330 billion.
Separately, analysts at Credit Suisse raised their price target on shares of Cheniere Energy from $65.00 to $75.00 in a research note on Monday, June 2nd. They now have a “neutral” rating on the stock. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Cheniere Energy presently has an average rating of “Buy” and a consensus target price of $59.20.
Cheniere Energy, Inc (AMEX:LNG) is an energy company primarily engaged in liquid natural gas (LNG)-related businesses.
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