RBC Capital analyst Elvira Scotto maintained a Buy rating on Cheniere Energy (NYSE:LNG) Inc. on Wednesday, setting a price target of $65, which is approximately 37.45% above the present share price of $47.29.
Scotto expects Cheniere Energy Inc . to post earnings per share (EPS) of $1.48 for the second quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Cheniere Energy, with an average price target of $59.22.
The analysts price targets range from a high of $70 to a low of $49.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.71 billion and a net profit of $1.35 billion. The company's market cap is $12.49 billion.
According to TipRanks.com, RBC Capital analyst Elvira Scotto is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.3% and a 61.86% success rate.
Cheniere Energy, Inc. engages in liquefied natural gas (LNG) related businesses. It owns and operates LNG terminals, and develops, constructs, and operates liquefaction projects near Corpus Christi, Texas, and at the Sabine Pass LNG terminal. The company was founded by Charif Souki in 1983 and is headquartered in Houston, TX.