Tellurian Inc (NASDAQ:TELL) has received an average rating of “Hold” from the six analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $12.50.
TELL has been the subject of several research analyst reports. BidaskClub downgraded shares of Tellurian from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 30th. Stifel Nicolaus decreased their price target on shares of Tellurian from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, March 22nd. Zacks Investment Research raised shares of Tellurian from a “hold” rating to a “buy” rating and set a $8.25 price target for the company in a research note on Tuesday, March 20th. Finally, Wells Fargo & Co initiated coverage on shares of Tellurian in a research note on Tuesday, April 17th. They issued a “market perform” rating and a $7.50 price target for the company.
Hedge funds and other institutional investors have recently bought and sold shares of the company. BB&T Securities LLC bought a new stake in shares of Tellurian in the fourth quarter valued at approximately $184,000. Teacher Retirement System of Texas purchased a new position in Tellurian in the 4th quarter worth approximately $206,000. Guggenheim Capital LLC purchased a new position in Tellurian in the 4th quarter worth approximately $208,000. MetLife Investment Advisors LLC purchased a new stake in shares of Tellurian in the 4th quarter valued at $308,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in shares of Tellurian in the 4th quarter valued at $378,000. 12.51% of the stock is currently owned by institutional investors.
TELL opened at $8.71 on Friday. Tellurian has a 1-year low of $6.45 and a 1-year high of $13.74. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of -10.62 and a beta of 1.53.
Tellurian (NASDAQ:TELL) last posted its quarterly earnings results on Wednesday, May 9th. The oil and gas producer reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.01). The business had revenue of $6.80 million for the quarter, compared to analysts’ expectations of $0.03 million. equities research analysts predict that Tellurian will post -0.44 EPS for the current year.
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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