Cheniere Energy (LNG) Receives Price Target

Cheniere Energy (LNG) : Average target price received by Cheniere Energy (LNG) is $52.8 with an expected standard deviation of $11.78. The most aggressive target on the stock is $65, whereas the most downbeat target is $38. 5 financial analysts are currently covering the stock.

Cheniere Energy (LNG) : The consensus on Cheniere Energy (LNG) based on 6 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, Wolfe Research initiates coverage on Cheniere Energy (NYSEMKT:LNG). The rating major has initiated the coverage with outperform rating on the shares. The rating by the firm was issued on June 22, 2016.

Cheniere Energy (NYSEMKT:LNG): The stock opened at $42.64 on Thursday but the bulls could not build on the opening and the stock topped out at $43.39 for the day. The stock traded down to $42.37 during the day, due to lack of any buying support eventually closed down at $42.67 with a loss of -0.54% for the day. The stock had closed at $42.90 on the previous day. The total traded volume was 1,469,499 shares.

Cheniere Energy, Inc. is an energy company engaged in Liquefied natural gas (LNG) 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. (Cheniere Partners), which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish, Louisiana, and the Corpus Christi LNG terminal near Corpus Christi, Texas.

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