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Jefferies Reaffirms Their Buy Rating on Cheniere Energy (LNG)

Tipranks - Mon Mar 2, 6:44PM CST

In a report released yesterday, Emma Schwartz from Jefferies reiterated a Buy rating on Cheniere Energy, with a price target of $275.00.

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According to TipRanks, Schwartz is a 4-star analyst with an average return of 40.4% and a 100.00% success rate. Schwartz covers the Energy sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Cheniere Energy, and California Resources Corp.

In addition to Jefferies, Cheniere Energy also received a Buy from TD Cowen’s Jason Gabelman in a report issued on February 27. However, on February 24, Morgan Stanley downgraded Cheniere Energy (NYSE: LNG) to a Hold.

Based on Cheniere Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.44 billion and a net profit of $1.05 billion. In comparison, last year the company earned a revenue of $3.78 billion and had a net profit of $893 million

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