Cheniere Energy’s (LNG) “Outperform” Rating Reaffirmed at Credit Suisse Group AG
Cheniere Energy, Inc. (AMEX:LNG)‘s stock had its “outperform” rating reissued by investment analysts at Credit Suisse Group AG in a research report issued on Wednesday, StockTargetPrices.com reports.
LNG has been the topic of a number of other research reports. Barclays PLC lowered their target price on Cheniere Energy from $64.00 to $53.00 and set an “overweight” rating on the stock in a report on Tuesday, September 6th. Wolfe Research started coverage on Cheniere Energy in a report on Wednesday, June 22nd. They issued an “outperform” rating on the stock. Finally, Howard Weil raised Cheniere Energy from a “sector perform” rating to a “sector outperform” rating and set a $52.00 target price on the stock in a report on Tuesday, June 14th.
Cheniere Energy (AMEX:LNG) traded down 0.67% on Wednesday, hitting $41.72. The stock had a trading volume of 1,187,942 shares. Cheniere Energy has a 1-year low of $22.80 and a 1-year high of $51.96. The firm’s 50-day moving average price is $43.41 and its 200-day moving average price is $38.68. The firm’s market cap is $9.53 billion.
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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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