Tellurian (NASDAQ:TELL) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Saturday.
A number of other research firms have also commented on TELL. Stifel Nicolaus started coverage on shares of Tellurian in a research report on Thursday, January 4th. They set a “buy” rating and a $16.00 price target for the company. Zacks Investment Research raised shares of Tellurian from a “hold” rating to a “buy” rating and set a $8.25 price objective for the company in a report on Tuesday, March 20th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $12.69.
TELL opened at $8.81 on Friday. The firm has a market cap of $1,984.73, a PE ratio of -10.74 and a beta of 1.47. Tellurian has a one year low of $6.45 and a one year high of $13.74.
Institutional investors have recently bought and sold shares of the business. Fox Run Management L.L.C. bought a new stake in Tellurian in the fourth quarter worth $103,000. BB&T Securities LLC bought a new stake in Tellurian in the fourth quarter worth $184,000. Teacher Retirement System of Texas bought a new stake in Tellurian in the fourth quarter worth $206,000. Guggenheim Capital LLC bought a new stake in Tellurian in the fourth quarter worth $208,000. Finally, MetLife Investment Advisors LLC bought a new stake in Tellurian in the fourth quarter worth $308,000. 13.59% of the stock is owned by institutional investors and hedge funds.
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Tellurian Company Profile
Tellurian Inc plans to develop, own, and operate a natural gas business and to deliver natural gas to customers worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) trading, and infrastructure that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline.
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