Equities researchers at Stifel Nicolaus started coverage on shares of Cheniere Energy (NYSEAMERICAN:LNG) in a report released on Thursday. The brokerage set a “buy” rating and a $65.00 price target on the energy company’s stock. Stifel Nicolaus’ price target indicates a potential upside of 17.75% from the company’s previous close.

LNG has been the topic of several other reports. BidaskClub upgraded shares of Cheniere Energy from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 6th. JPMorgan Chase & Co. dropped their price objective on shares of Cheniere Energy from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 1st. Zacks Investment Research lowered shares of Cheniere Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Cowen initiated coverage on shares of Cheniere Energy in a research note on Friday, November 17th. They issued a “market perform” rating and a $56.00 price objective on the stock. Finally, Citigroup lifted their price objective on shares of Cheniere Energy from $57.00 to $59.00 and gave the company a “buy” rating in a research note on Thursday, November 16th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $54.46.

Shares of Cheniere Energy (NYSEAMERICAN:LNG) opened at $55.20 on Thursday. Cheniere Energy has a one year low of $40.36 and a one year high of $56.14. The company has a market cap of $13,120.00, a price-to-earnings ratio of -31.36 and a beta of 1.81.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its quarterly earnings results on Tuesday, November 14th. The energy company reported ($1.24) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($1.08). The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the company earned ($0.41) EPS. Cheniere Energy’s quarterly revenue was up 201.7% compared to the same quarter last year.

In other news, Director Vicky A. Bailey sold 5,800 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $54.44, for a total transaction of $315,752.00. Following the transaction, the director now directly owns 35,765 shares in the company, valued at $1,947,046.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Nuno Brandolini sold 20,000 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $50.02, for a total transaction of $1,000,400.00. Following the transaction, the director now owns 232,271 shares in the company, valued at $11,618,195.42. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 45,800 shares of company stock worth $2,299,152.

Several institutional investors have recently modified their holdings of the company. Sii Investments Inc. WI increased its stake in shares of Cheniere Energy by 0.7% during the second quarter. Sii Investments Inc. WI now owns 9,424 shares of the energy company’s stock worth $461,000 after acquiring an additional 66 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Cheniere Energy by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 14,532 shares of the energy company’s stock worth $708,000 after acquiring an additional 79 shares during the period. Kingfisher Capital LLC increased its stake in shares of Cheniere Energy by 0.4% during the second quarter. Kingfisher Capital LLC now owns 34,644 shares of the energy company’s stock worth $1,688,000 after acquiring an additional 155 shares during the period. Sheaff Brock Investment Advisors LLC increased its stake in shares of Cheniere Energy by 5.1% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 5,480 shares of the energy company’s stock worth $267,000 after acquiring an additional 265 shares during the period. Finally, MML Investors Services LLC increased its stake in shares of Cheniere Energy by 3.3% during the second quarter. MML Investors Services LLC now owns 8,855 shares of the energy company’s stock worth $431,000 after acquiring an additional 280 shares during the period.

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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 (NYSEAMERICAN:LNG)

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