Cheniere Energy (NYSE:LNG) PT Lowered to $179.00 at Wells Fargo & Company

Cheniere Energy (NYSE:LNGGet Rating) had its target price cut by stock analysts at Wells Fargo & Company to $179.00 in a research report issued to clients and investors on Friday, Stock Target Advisor reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price points to a potential upside of 37.24% from the company’s previous close.

Separately, raised Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Monday, May 9th.

Shares of LNG opened at $130.43 on Friday. The company has a debt-to-equity ratio of 24.30, a quick ratio of 1.11 and a current ratio of 1.24. Cheniere Energy has a 52-week low of $80.06 and a 52-week high of $150.00. The firm has a market capitalization of $33.15 billion, a PE ratio of -9.19, a price-to-earnings-growth ratio of 0.15 and a beta of 1.19.

Cheniere Energy Company Profile (Get Rating)

Cheniere Energy, Inc, an energy infrastructure company, primarily 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 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.

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