Raymond James has lifted its price target for Cheniere Energy (LNG, Financial) from $265 to $266 while maintaining a Strong Buy rating on the company's stock. Analysts at the firm express optimism for the first quarter, despite a somewhat unstable start to the year. This outlook is bolstered by favorable seasonal trends observed in previous quarters.
The current investment environment is challenged by factors such as tariffs imposed by former President Trump and the influence of OPEC, which apply pressure on equity markets. However, Raymond James highlights concerns specific to the midstream sector, particularly around potential project cost inflation and export market demand disruptions. These risks, for the moment, are considered partially mitigated.
Raymond James holds a positive view on the U.S. liquefied natural gas (LNG, Financial) market, seeing potential for it to be an area where the country could achieve beneficial outcomes. This sentiment supports their continued bullish stance on Cheniere Energy's prospects in the near future.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Cheniere Energy Inc (LNG, Financial) is $254.53 with a high estimate of $282.00 and a low estimate of $229.00. The average target implies an upside of 10.76% from the current price of $229.80. More detailed estimate data can be found on the Cheniere Energy Inc (LNG) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Cheniere Energy Inc's (LNG, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cheniere Energy Inc (LNG, Financial) in one year is $163.55, suggesting a downside of 28.83% from the current price of $229.8. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cheniere Energy Inc (LNG) Summary page.
