Stock Rating Upgrade
The Value Trend Rating for Cheniere Energy Inc. (NYSE: LNG) improved in the last week from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 8/16/24, Cheniere Energy Inc. (NYSE: LNG) stock rose slightly by 0.2%, closing at $184.98. However, trading volume in this advance was below average at 75% of normal. The stock has performed in line with the market over the last nine months and has risen 2.6% 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. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cheniere Energy has a slightly negative Appreciation Score of 38 and a neutral Power Rating of 52, producing the Low Neutral Value Trend Rating.
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