Cheniere Energy with ticker code (LNG) have now 22 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 158 and 61 with a mean TP of 127.14. Given that the stocks previous close was at 109.88 this now indicates there is a potential upside of 15.7%. The day 50 moving average is 105.38 and the 200 moving average now moves to 93.16. The company has a market capitalisation of $27,961m. Company Website: https://www.cheniere.com
The potential market cap would be $32,353m based on the market concensus.
Cheniere Energy, an energy infrastructure company, engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines; and operates Corpus Christi pipeline, a 23-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines. It is also involved in the LNG and natural gas marketing business. The company was incorporated in 1983 and is headquartered in Houston, Texas.
