Stifel Nicolaus analyst Benjamin Nolan maintained a Sell rating on Tellurian (TELL – Research Report) on August 5 and set a price target of $3.00. The company’s shares closed yesterday at $3.42.
Nolan covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Costamare, and Diana Shipping. According to TipRanks, Nolan has an average return of 18.4% and a 64.45% success rate on recommended stocks.
Currently, the analyst consensus on Tellurian is a Hold with an average price target of $4.83.
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The company has a one-year high of $6.54 and a one-year low of $2.23. Currently, Tellurian has an average volume of 17.72M.
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Tellurian, Inc. engages in producing natural gas and investing in natural gas projects. It develops a portfolio of natural gas production, LNG marketing, and infrastructure assets that includes an LNG terminal facility and an associated pipeline in southwest Louisiana. The company was founded by Charif Souki and Martin Houston in February 2016 and is headquartered in Houston, TX.
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