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Analysts Are Bullish on These Energy Stocks: Crescent Energy Company Class A (CRGY), Cheniere Energy (LNG)

Tipranks - Wed May 13, 6:20AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Crescent Energy Company Class A (CRGY) and Cheniere Energy (LNG) with bullish sentiments.

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Crescent Energy Company Class A (CRGY)

Wells Fargo analyst Hanwen Chang maintained a Buy rating on Crescent Energy Company Class A today and set a price target of $18.00. The company’s shares closed last Monday at $12.49.

According to TipRanks.com, Chang is a 4-star analyst with an average return of 11.4% and a 59.3% success rate. Chang covers the NA sector, focusing on stocks such as LandBridge Company LLC Class A, Magnolia Oil & Gas, and Permian Resources. ;'>

Currently, the analyst consensus on Crescent Energy Company Class A is a Strong Buy with an average price target of $17.33, a 37.3% upside from current levels. In a report issued on May 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $15.50 price target.

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Cheniere Energy (LNG)

Wells Fargo analyst Michael Blum maintained a Buy rating on Cheniere Energy today and set a price target of $335.00. The company’s shares closed last Monday at $240.70, close to its 52-week high of $257.65.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 15.6% and a 69.7% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Venture Global, Inc. Class A, and Enterprise Products Partners. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cheniere Energy with a $310.92 average price target, which is a 29.0% upside from current levels. In a report issued on April 29, TipRanks – xAI also reiterated a Buy rating on the stock with a $288.00 price target.

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