In a report released today, Christine Cho from Barclays maintained a Buy rating on Cheniere Energy Inc (NYSE: LNG), with a price target of $77. The company’s shares closed on Tuesday at $65, close to its 52-week high of $69.50.
According to TipRanks.com, Cho is a 2-star analyst with an average return of 1.4% and a 50.9% success rate. Cho covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Cheniere Energy Partners LP, and Dcp Midstream Partners Lp.
Currently, the analyst consensus on Cheniere Energy Inc is a Strong Buy with an average price target of $74.
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The company has a one-year high of $69.50 and a one-year low of $40.36. Currently, Cheniere Energy Inc has an average volume of 2.31M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock.
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Cheniere Energy, Inc. engages in liquefied natural gas (LNG) related businesses. It owns and operates LNG terminals; and develops, constructs, and operates liquefaction projects near Corpus Christi, Texas, and at the Sabine Pass LNG terminal. The company was founded by Charif Souki on February 21, 1996 and is headquartered in Houston, TX.
