Cheniere Energy Given New $70.00 Price Target at G
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Posted On: 06/04/2014 8:17:16 AM
Cheniere Energy Given New $70.00 Price Target at Goldman Sachs (LNG)
Posted by Hasmir Abdula on Jun 3rd, 2014
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Cheniere Energy Given New $70.00 Price Target at Goldman Sachs (LNG)
Posted by Hasmir Abdula on Jun 3rd, 2014 // No Comments
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Cheniere Energy, Inc. logoEquities research analysts at Goldman Sachs increased their price target on shares of Cheniere Energy (NYSE:LNG) to $70.00 in a research note issued to investors on Friday. Goldman Sachs’ price target would suggest a potential upside of 2.19% from the company’s current price.
A number of other firms have also recently commented on LNG. Analysts at Barclays raised their price target on shares of Cheniere Energy from $54.00 to $59.00 in a research note on Monday, May 5th. They now have an “equal weight” rating on the stock. They noted that the move was a valuation call. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Cheniere Energy in a research note on Thursday, April 17th. They now have a $62.00 price target on the stock. Finally, analysts at Morgan Stanley downgraded shares of Cheniere Energy to a “buy” rating in a research note on Wednesday, April 16th. They now have a $74.00 price target on the stock, up previously from $67.00. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Cheniere Energy has an average rating of “Hold” and a consensus price target of $65.66.
Cheniere Energy (NYSE:LNG) opened at 68.25 on Friday. Cheniere Energy has a one year low of $25.02 and a one year high of $69.40. The stock has a 50-day moving average of $57.72 and a 200-day moving average of $49.59. The company’s market cap is $15.234 billion.
Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.23) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.27) by $0.04. The company had revenue of $67.55 million for the quarter, compared to the consensus estimate of $66.09 million. During the same quarter last year, the company posted ($0.54) earnings per share. Cheniere Energy’s revenue was up 2.5% compared to the same quarter last year. On average, analysts predict that Cheniere Energy will post $-1.36 earnings per share for the current fiscal year.
Cheniere Energy, Inc (NYSE:LNG) is engaged in liquid natural gas LNG-related businesses.
http://www.mideasttime.com/cheniere-energy-gi...ng/152964/
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Posted by Hasmir Abdula on Jun 3rd, 2014
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Cheniere Energy Given New $70.00 Price Target at Goldman Sachs (LNG)
Posted by Hasmir Abdula on Jun 3rd, 2014 // No Comments
Share on StockTwits
Cheniere Energy, Inc. logoEquities research analysts at Goldman Sachs increased their price target on shares of Cheniere Energy (NYSE:LNG) to $70.00 in a research note issued to investors on Friday. Goldman Sachs’ price target would suggest a potential upside of 2.19% from the company’s current price.
A number of other firms have also recently commented on LNG. Analysts at Barclays raised their price target on shares of Cheniere Energy from $54.00 to $59.00 in a research note on Monday, May 5th. They now have an “equal weight” rating on the stock. They noted that the move was a valuation call. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Cheniere Energy in a research note on Thursday, April 17th. They now have a $62.00 price target on the stock. Finally, analysts at Morgan Stanley downgraded shares of Cheniere Energy to a “buy” rating in a research note on Wednesday, April 16th. They now have a $74.00 price target on the stock, up previously from $67.00. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Cheniere Energy has an average rating of “Hold” and a consensus price target of $65.66.
Cheniere Energy (NYSE:LNG) opened at 68.25 on Friday. Cheniere Energy has a one year low of $25.02 and a one year high of $69.40. The stock has a 50-day moving average of $57.72 and a 200-day moving average of $49.59. The company’s market cap is $15.234 billion.
Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.23) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.27) by $0.04. The company had revenue of $67.55 million for the quarter, compared to the consensus estimate of $66.09 million. During the same quarter last year, the company posted ($0.54) earnings per share. Cheniere Energy’s revenue was up 2.5% compared to the same quarter last year. On average, analysts predict that Cheniere Energy will post $-1.36 earnings per share for the current fiscal year.
Cheniere Energy, Inc (NYSE:LNG) is engaged in liquid natural gas LNG-related businesses.
http://www.mideasttime.com/cheniere-energy-gi...ng/152964/
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