Excelerate Energy Inc. Receives Consensus Rating of “Moderate Buy” from Brokerages
September 11, 2022
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Excelerate Energy($NYSE:EE) Inc has received a consensus rating of “Moderate Buy” from brokerages, according to a research report released today. This rating is based on the average recommendation of analysts polled by Zacks Investment Research. Do you think this will affect EXCELERATE ENERGY’s market and earnings in the long term? The analysts’ consensus rating is a positive indicator for the company, and suggests that Excelerate Energy’s earnings are expected to grow in the coming year. This could lead to increased demand for the company’s stock, and a higher stock price.
Stock Price
On Friday, Excelerate Energy Inc stock opened at $27.7 and closed at $26.7, down by 1.8% from previous closing price of 27.2. This followed the release of the company’s consensus rating by brokerages, which was “moderate buy”. Excelerate Energy Inc is an oil and gas company with a focus on exploration and production. The company has operations in the United States, Canada, Australia, and Indonesia. The company’s stock has been volatile in recent months, but the consensus rating by brokerages may provide some support for the stock price.
VI Analysis
A company’s fundamentals reflect its long-term potential. The Excelerate Energy app makes it easy to analyze a company’s financial and business fundamentals. According to the VI Risk Rating, Excelerate Energy is a low-risk investment in terms of financial and business aspects.
However, there are some potential risks in the business and financial areas that you should be aware of before investing.
Summary
Four research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating on the company. Excelerate Energy Inc is an international energy company engaged in the development, implementation and operation of liquefied natural gas projects. The Company’s segments include North America, South America and Asia. North America includes Excelerate’s operations in the United States and Canada. South America includes Excelerate’s operations in Brazil. Asia includes Excelerate’s operations in Bangladesh. It offers services, including LNG terminal and vessel operations, sales and trading, and LNG project development.
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