Stock Rating Upgrade
In recent days the Value Trend Rating for Cheniere Energy Inc. (NYSE: LNG) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 7/29/24, Cheniere Energy Inc. (NYSE: LNG) stock rose modestly by 0.5%, closing at $177.68. Trading volume in this advance was normal. The stock has been weak relative to the market over the last nine months and has declined -2.3% during the last week.
Current PriceTarget Research Rating
LNG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Cheniere Energy has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Cheniere Energy has a neutral Power Rating of 46 and a slightly negative Appreciation Score of 40, triggering the Low Neutral Value Trend Rating.
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