Michael Blum analyst at Wells Fargo reiterates coverage on Cheniere Energy (LNG) in the Industrial Goods sector with a Buy rating. TipRanks.com has Blum rated as a 4.7 star analyst with a 64% return on investment and a 13% success rate. Blum has set a price target of $ 179.
TipRanks.com reports that Cheniere Energy currently has 15 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $161.73. The target pricing ranges from a high forecast of $192.00 down to a low forecast of $140.00. Cheniere Energy (LNG)’s last closing price was $130.4 which would put the average price target at 24.03% upside.
In addition, TradingView issued a Sell rating for LNG over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on LNG.
Other analysts covering LNG include:
- Julien Dumoulin Smith of Bank of America Securities issued a Buy rating with the price target of $ 168 on 4 days ago
- Jeremy Tonet of J.P. Morgan issued a Buy rating with the price target of $ 192 on 1 week ago
- Benjamin Nolan of Stifel Nicolaus issued a Buy rating with the price target of $ 159 on 2 weeks ago
- Jason Gabelman of Cowen & Co. issued a Buy rating with the price target of $ 170 on 2 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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