In a report released today, Theresa Chen from Barclays assigned a Buy rating to Excelerate Energy, Inc. Class A (EE – Research Report), with a price target of $22.00. The company’s shares closed yesterday at $16.23.
According to TipRanks, Chen is a 5-star analyst with an average return of 16.9% and a 76.96% success rate. Chen covers the Energy sector, focusing on stocks such as Oneok, Valero Energy, and Enbridge.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Excelerate Energy, Inc. Class A with a $21.60 average price target, a 33.09% upside from current levels. In a report released on February 26, Northland Securities also initiated coverage with a Buy rating on the stock with a $23.00 price target.
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EE market cap is currently $1.76B and has a P/E ratio of 14.56.
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Excelerate Energy, Inc. Class A (EE) Company Description:
Excelerate Energy Inc is changing the way the world accesses cleaner, more affordable and reliable energy by delivering regasified natural gas, benefitting hundreds of millions of people around the world. It focuses on providing flexible LNG solutions to markets in diverse environments across the globe, providing a lesser emitting form of energy to markets that often rely on coal as their primary energy source.
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