Cheniere Energy PT Raised to $75.00 at Credit Suisse

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Cheniere Energy PT Raised to $75.00 at Credit Suisse (LNG)
Posted by Stephan Byrd on Jun 3rd, 2014

Cheniere Energy (AMEX:LNG) had its price target increased by Credit Suisse from $65.00 to $75.00 in a research report sent to investors on Monday morning. The firm currently has a neutral rating on the stock.

Credit Suisse has also taken action a number of other stocks recently. The firm reiterated its outperform rating on shares of Cheniere Energy Partners LP. They have a $38.00 price target on that stock, up previously from $37.00. Also, Credit Suisse downgraded shares of National Grid plc (ADR) from an outperform rating to a neutral rating. Finally, Credit Suisse upgraded shares of Canadian Pacific Railway Limited to a focus list rating.

Cheniere Energy (AMEX:LNG) traded down 0.57% during mid-day trading on Monday, hitting $68.11. 1,326,201 shares of the company’s stock traded hands. Cheniere Energy has a one year low of $25.02 and a one year high of $69.40. The stock’s 50-day moving average is $57.72 and its 200-day moving average is $49.59. The company’s market cap is $15.203 billion.

Cheniere Energy, Inc (AMEX:LNG) is an energy company primarily engaged in liquid natural gas (LNG)-related businesses.

To view Credit Suisse’s full report, visit Credit Suisse’s official website.


http://tickerreport.com/banking-finance/22660...uisse-lng/

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