Cheniere Energy, Inc. (LNG) Rating Reiterated by Credit Suisse Group AG
Cheniere Energy, Inc. (AMEX:LNG)‘s stock had its “outperform” rating reiterated by equities researchers at Credit Suisse Group AG in a research report issued to clients and investors on Wednesday, StockTargetPrices.com reports.
Other equities analysts have also issued research reports about the company. Howard Weil raised Cheniere Energy from a “sector perform” rating to a “sector outperform” rating and set a $52.00 price objective on the stock in a research note on Tuesday, June 14th. Wolfe Research started coverage on Cheniere Energy in a research note on Wednesday, June 22nd. They set an “outperform” rating on the stock. Finally, Barclays PLC lowered their price objective on Cheniere Energy from $64.00 to $53.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 6th.
Shares of Cheniere Energy (AMEX:LNG) traded down 0.29% during trading on Wednesday, hitting $41.88. The stock had a trading volume of 666,514 shares. The stock’s market cap is $9.56 billion. Cheniere Energy has a 12 month low of $22.80 and a 12 month high of $51.96. The company’s 50 day moving average price is $43.41 and its 200 day moving average price is $38.68.
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Cheniere Energy Company Profile
Cheniere Energy, Inc is an energy company primarily engaged in liquefied natural gas (LNG) related businesses. The Company operates through two segments: LNG terminal business and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P.
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