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Cheniere Energy (LNG) Receives a Rating Update from a Top Analyst
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Cheniere Energy (LNG) Receives a Rating Update from a Top Analyst

RBC Capital analyst Elvira Scotto maintained a Buy rating on Cheniere Energy (LNGResearch Report) yesterday and set a price target of $200.00. The company’s shares closed yesterday at $160.46.

According to TipRanks, Scotto is a top 100 analyst with an average return of 18.0% and a 64.42% success rate. Scotto covers the Energy sector, focusing on stocks such as Archrock, Cheniere Energy, and Cheniere Energy Partners.

In addition to RBC Capital, Cheniere Energy also received a Buy from Barclays’s Theresa Chen in a report issued on April 18. However, on April 16, Redburn Atlantic initiated coverage with a Hold rating on Cheniere Energy (NYSE: LNG).

The company has a one-year high of $182.97 and a one-year low of $134.26. Currently, Cheniere Energy has an average volume of 2M.

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Cheniere Energy (LNG) Company Description:

Cheniere Energy, Inc. engages in liquefied natural gas (LNG) related businesses. It owns and operates LNG terminals, and develops, constructs, and operates liquefaction projects near Corpus Christi, Texas, and at the Sabine Pass LNG terminal. The company was founded by Charif Souki in 1983 and is headquartered in Houston, TX.

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