Cheniere Energy (NYSE:LNG) Given New $208.00 Price Target at Stifel Nicolaus

Cheniere Energy (NYSE:LNG) had its price target hoisted by stock analysts at Stifel Nicolaus from $204.00 to $208.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the energy company’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 32.07% from the company’s current price.

Other equities analysts also recently issued research reports about the company. UBS Group decreased their target price on Cheniere Energy from $223.00 to $206.00 and set a “buy” rating on the stock in a research report on Wednesday, April 24th. Redburn Atlantic assumed coverage on Cheniere Energy in a report on Tuesday, April 16th. They issued a “neutral” rating and a $162.00 price objective on the stock. StockNews.com cut shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Barclays increased their target price on shares of Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a research report on Wednesday, January 17th. Finally, TD Cowen lowered their price target on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 27th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $196.40.

Cheniere Energy Trading Down 0.0 %

Shares of Cheniere Energy stock traded down $0.05 during trading hours on Monday, reaching $157.49. The stock had a trading volume of 1,363,795 shares, compared to its average volume of 1,934,158. The company’s 50 day simple moving average is $157.83. The company has a quick ratio of 1.51, a current ratio of 1.63 and a debt-to-equity ratio of 2.59. Cheniere Energy has a twelve month low of $135.30 and a twelve month high of $183.46. The stock has a market cap of $36.33 billion, a price-to-earnings ratio of 7.65 and a beta of 0.95.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Friday, May 3rd. The energy company reported $2.13 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.17). Cheniere Energy had a return on equity of 48.95% and a net margin of 28.55%. The business had revenue of $4.25 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the company posted $6.89 EPS. The business’s revenue for the quarter was down 41.8% compared to the same quarter last year. As a group, sell-side analysts predict that Cheniere Energy will post 8.4 earnings per share for the current year.

Institutional Investors Weigh In On Cheniere Energy

Institutional investors and hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its stake in shares of Cheniere Energy by 5.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 38,061 shares of the energy company’s stock valued at $6,317,000 after buying an additional 2,031 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in shares of Cheniere Energy by 2.4% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 92,086 shares of the energy company’s stock valued at $15,283,000 after purchasing an additional 2,140 shares during the last quarter. Brown Advisory Inc. raised its holdings in shares of Cheniere Energy by 11.6% in the 3rd quarter. Brown Advisory Inc. now owns 1,869 shares of the energy company’s stock valued at $310,000 after purchasing an additional 194 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its position in shares of Cheniere Energy by 21.1% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 345 shares of the energy company’s stock worth $57,000 after purchasing an additional 60 shares during the last quarter. Finally, IFM Investors Pty Ltd grew its stake in shares of Cheniere Energy by 0.8% during the third quarter. IFM Investors Pty Ltd now owns 80,982 shares of the energy company’s stock worth $13,440,000 after purchasing an additional 680 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Company Profile

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.