In a report released on November 10, Benjamin Nolan from Stifel Nicolaus maintained a Sell rating on Tellurian (TELL – Research Report), with a price target of $1.80. The company’s shares closed yesterday at $2.96.
According to TipRanks, Nolan is a 5-star analyst with an average return of 20.0% and a 62.77% success rate. Nolan covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Canadian Pacific, and Cheniere Energy.
Currently, the analyst consensus on Tellurian is a Hold with an average price target of $3.43.
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The company has a one-year high of $6.54 and a one-year low of $1.54. Currently, Tellurian has an average volume of 17.02M.
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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.
Read More on TELL:
- Tellurian reports 25% increase in natural gas production for Q3
- U.K. in talks with U.S. LNG producers over purchase agreements, Sky News says
- Unusually active option classes on open September 27th
- Tellurian price target lowered to $2.50 from $5 at Evercore ISI
- Tellurian price target lowered to $6 from $8 at B. Riley
