Cheniere Energy, Inc. (NYSE:LNG) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.

Several other equities research analysts have also commented on LNG. Zacks Investment Research upgraded shares of Cheniere Energy from a “hold” rating to a “strong-buy” rating and set a $56.00 price objective on the stock in a research report on Tuesday, July 4th. Scotiabank set a $52.00 price objective on shares of Cheniere Energy and gave the stock a “buy” rating in a research report on Friday, July 21st. ValuEngine lowered shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Finally, BMO Capital Markets initiated coverage on shares of Cheniere Energy in a research report on Monday, September 25th. They issued an “outperform” rating and a $60.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $54.82.

Cheniere Energy (NYSE:LNG) traded up 1.82% during trading on Friday, hitting $45.80. 2,182,125 shares of the stock traded hands. The company’s 50 day moving average price is $45.14 and its 200-day moving average price is $45.93. Cheniere Energy has a 52-week low of $35.07 and a 52-week high of $51.41. The stock’s market cap is $10.65 billion.

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In other Cheniere Energy news, General Counsel Sean N. Markowitz bought 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was purchased at an average price of $42.10 per share, with a total value of $42,100.00. Following the transaction, the general counsel now owns 10,022 shares in the company, valued at $421,926.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jack A. Fusco bought 23,750 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The shares were acquired at an average cost of $42.32 per share, with a total value of $1,005,100.00. Following the transaction, the insider now owns 399,985 shares in the company, valued at approximately $16,927,365.20. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 29,750 shares of company stock worth $1,257,000.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new stake in Cheniere Energy during the 2nd quarter worth approximately $121,000. Van ECK Associates Corp increased its position in Cheniere Energy by 11.7% during the 2nd quarter. Van ECK Associates Corp now owns 2,987 shares of the energy company’s stock worth $145,000 after purchasing an additional 312 shares in the last quarter. Atlantic Trust LLC acquired a new stake in Cheniere Energy during the 2nd quarter worth approximately $175,000. Fiduciary Trust Co. acquired a new stake in Cheniere Energy during the 2nd quarter worth approximately $188,000. Finally, WINTON GROUP Ltd acquired a new stake in Cheniere Energy during the 2nd quarter worth approximately $203,000.

Cheniere Energy Company Profile

Cheniere Energy, Inc (Cheniere) 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. Its LNG terminal segment consists of the Sabine Pass and Corpus Christi LNG terminals.

Analyst Recommendations for Cheniere Energy (NYSE:LNG)

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