Cheniere Energy (NYSEMKT:LNG) : Zacks Investment Research ranks Cheniere Energy (NYSEMKT:LNG) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.64, which indicates as a Buy.
Cheniere Energy (NYSEMKT:LNG) : Currently there are 6 street experts covering Cheniere Energy (NYSEMKT:LNG) stock. The most bullish and bearish price target for the stock is $65 and $38 respectively for the short term. The average price target of all the analysts comes to $53. The estimated standard deviation from the target is $10.55.
For the current week, the company shares have a recommendation consensus of Buy. Also, Wolfe Research initiates coverage on Cheniere Energy (NYSEMKT:LNG) The shares have been rated Outperform. The rating by the firm was issued on June 22, 2016.
Cheniere Energy (NYSEMKT:LNG): stock turned positive on Tuesday. Though the stock opened at $34.3, the bulls momentum made the stock top out at $35.34 level for the day. The stock recorded a low of $34.3 and closed the trading day at $35.01, in the green by 3.73%. The total traded volume for the day was 2,580,854. The stock had closed at $33.75 in the previous days trading.
In an insider trading activity, Fusco Jack A, CEO of Cheniere Energy Inc, executed a transaction worth $930,776 on June 15, 2016. A total of 28,231 shares were purchased at an average price of $32.97. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Cheniere Energy, Inc. is an energy company engaged in Liquefied natural gas (LNG) businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish, Louisiana, and the Corpus Christi LNG terminal near Corpus Christi, Texas.