Zacks: Analysts Set $77.70 Price Target for Cheniere Energy, Inc. (NYSEAMERICAN) (LNG)
Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) has been assigned an average broker rating score of 1.15 (Strong Buy) from the thirteen brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and twelve have given a strong buy rating to the company. Cheniere Energy, Inc. (NYSEAMERICAN)’s rating score has improved by 5% in the last three months as a result of a number of analysts’ ratings changes.
Analysts have set a 12-month consensus target price of $77.70 for the company and are predicting that the company will post $0.34 earnings per share for the current quarter, according to Zacks. Zacks has also given Cheniere Energy, Inc. (NYSEAMERICAN) an industry rank of 177 out of 255 based on the ratings given to its competitors.
Separately, BidaskClub cut Cheniere Energy, Inc. (NYSEAMERICAN) from a “buy” rating to a “hold” rating in a report on Thursday, February 14th.
About Cheniere Energy, Inc. (NYSEAMERICAN)
Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company operates in two segments, LNG Terminal Business, and LNG and Natural Gas Marketing. It owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas.
See Also: Current Ratio
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