Cheniere Energy (NYSE:LNG) Price Target Raised to $255.00 at Stifel Nicolaus

Cheniere Energy (NYSE:LNG) had its price target hoisted by investment analysts at Stifel Nicolaus from $237.00 to $255.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the energy company’s stock. Stifel Nicolaus’ target price points to a potential upside of 13.50% from the company’s current price.

LNG has been the topic of several other research reports. Wells Fargo & Company lifted their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. TD Cowen lifted their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Scotiabank boosted their price objective on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group upped their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Finally, Morgan Stanley increased their target price on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, Cheniere Energy currently has a consensus rating of “Moderate Buy” and an average price target of $235.75.

Cheniere Energy Trading Down 1.0 %

Shares of LNG stock opened at $224.67 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy has a 12-month low of $152.31 and a 12-month high of $257.65. The stock has a market capitalization of $50.41 billion, a P/E ratio of 14.31 and a beta of 0.98. The firm’s 50 day moving average is $222.92 and its 200 day moving average is $203.27.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. Research analysts expect that Cheniere Energy will post 12.77 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Norges Bank purchased a new stake in shares of Cheniere Energy during the fourth quarter valued at $629,197,000. Wellington Management Group LLP lifted its holdings in shares of Cheniere Energy by 195.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company’s stock worth $755,410,000 after buying an additional 2,776,920 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of Cheniere Energy by 91.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company’s stock worth $673,927,000 after buying an additional 1,789,919 shares during the period. Ninety One UK Ltd grew its position in shares of Cheniere Energy by 1,400.7% during the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company’s stock worth $324,393,000 after buying an additional 1,409,116 shares in the last quarter. Finally, Two Sigma Advisers LP increased its stake in shares of Cheniere Energy by 84.6% during the fourth quarter. Two Sigma Advisers LP now owns 1,651,500 shares of the energy company’s stock valued at $354,858,000 after buying an additional 756,900 shares during the period. 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.