Clean Energy Fuels Corp. (NASDAQ:CLNE – Get Rating) has been assigned a consensus recommendation of "Moderate Buy" from the nine brokerages that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $15.88.

A number of analysts have commented on the stock. Scotiabank assumed coverage on shares of Clean Energy Fuels in a research report on Thursday, September 8th. They set a "sector outperform" rating and a $13.00 price target on the stock. Raymond James cut shares of Clean Energy Fuels from an "outperform" rating to a "market perform" rating in a research report on Tuesday, August 16th. StockNews.com raised shares of Clean Energy Fuels from a "sell" rating to a "hold" rating in a research report on Monday, August 8th. Finally, TheStreet raised shares of Clean Energy Fuels from a "d" rating to a "c-" rating in a research report on Wednesday, August 17th.

Hedge Funds Weigh In On Clean Energy Fuels

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Brown Advisory Inc. bought a new position in shares of Clean Energy Fuels during the 2nd quarter worth about $179,000. Amundi lifted its position in Clean Energy Fuels by 38.8% in the 2nd quarter. Amundi now owns 20,899 shares of the utilities provider's stock valued at $104,000 after acquiring an additional 5,843 shares in the last quarter. Legal & General Group Plc lifted its position in Clean Energy Fuels by 6.4% in the 2nd quarter. Legal & General Group Plc now owns 82,915 shares of the utilities provider's stock valued at $371,000 after acquiring an additional 4,958 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in Clean Energy Fuels by 4.1% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 58,077 shares of the utilities provider's stock valued at $260,000 after acquiring an additional 2,274 shares in the last quarter. Finally, Creative Planning lifted its position in Clean Energy Fuels by 3,619.4% in the 2nd quarter. Creative Planning now owns 18,597 shares of the utilities provider's stock valued at $83,000 after acquiring an additional 18,097 shares in the last quarter. Institutional investors own 45.33% of the company's stock.

Clean Energy Fuels Stock Performance

Clean Energy Fuels Company Profile

(Get Rating)

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets and related fueling solutions, primarily in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations.

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