Trade Report: The Cheniere Energy, Inc. (LNG) Stock Rating Reaffirmed by Credit Suisse Group AG

The Cheniere Energy, Inc. (LNG) Stock Rating Reaffirmed by Credit Suisse Group AG

Cheniere Energy, Inc. (AMEX:LNG)‘s stock had its “outperform” rating restated by investment analysts at Credit Suisse Group AG in a note issued to investors on Wednesday, StockTargetPrices.com reports.

A number of other brokerages have also recently issued reports on LNG. Barclays PLC dropped their price objective on Cheniere Energy from $64.00 to $53.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 6th. Wolfe Research assumed coverage on Cheniere Energy in a research note on Wednesday, June 22nd. They set an “outperform” rating on the stock. Finally, Howard Weil upgraded Cheniere Energy from a “sector perform” rating to a “sector outperform” rating and set a $52.00 price objective on the stock in a research note on Tuesday, June 14th.

Cheniere Energy (AMEX:LNG) opened at 41.48 on Wednesday. The company’s market capitalization is $9.47 billion. The company has a 50-day moving average price of $43.28 and a 200 day moving average price of $38.72. Cheniere Energy has a 12 month low of $22.80 and a 12 month high of $51.96.

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