79% of Analysts Call Cheniere Energy a ‘Buy’
Analysts’ ratings for Cheniere Energy
In this article, we’ll look at what Wall Street analysts recommend for Cheniere Energy (LNG). A total of 79.0% of analysts have rated Cheniere Energy as a “buy,” and the remaining 21.0% have rated it as a “hold” as of July 14, 2017.
Cheniere Energy’s subsidiaries’ Cheniere Energy Partners (CQP) and Cheniere Energy Partners Holdings (CQH) have received “buy” ratings from 57.1% and 66.7% of analysts surveyed by Reuters, respectively.
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Cheniere Energy was recently downgraded by Morgan Stanley from overweight to equal weight, which is equivalent to a “hold.” Overall, Cheniere Energy has seen three ratings updates in 2017, including two upgrades and one downgrade.
The average target price of $54.2 for Cheniere Energy implies an 18.5% price return in the next 12 months from its July 15, 2017, closing price of $48.1.
For more such analyses on MLPs, you can read Market Realist’s Master Limited Partnerships page.