Analyst ratings for Cheniere Energy
82% of analysts surveyed by Reuters rate Cheniere Energy (LNG) as a “buy” as of May 24, while the remaining 18% rate it as a “hold.” Bernstein upgraded Cheniere Energy to “buy.” Overall, Cheniere Energy has seen three rating updates since the start of this year including two new coverages and one rating upgrade.
Cheniere Energy saw an upward target price revision following its final investment decision announcement on Train 3 at Corpus Christi. Guggenheim raised Cheniere Energy’s target price to $75 from $67. Cheniere Energy is currently trading below the low range of $62 of analysts’ target price. Cheniere Energy’s average target price of $64.2 implies a ~6% upside potential from the current price levels.