Tellurian (NASDAQ:TELL) Coverage Initiated by Analysts at Stifel Nicolaus
Stifel Nicolaus started coverage on shares of Tellurian (NASDAQ:TELL) in a research note published on Thursday, January 4th, MarketBeat Ratings reports. The brokerage issued a buy rating and a $16.00 target price on the oil and gas producer’s stock.
A number of other research analysts have also issued reports on the stock. Seaport Global Securities began coverage on shares of Tellurian in a report on Thursday, December 14th. They issued a buy rating and a $14.00 target price on the stock. BidaskClub lowered shares of Tellurian from a hold rating to a sell rating in a report on Thursday, December 14th. Finally, Cowen began coverage on shares of Tellurian in a report on Friday, November 17th. They issued an outperform rating and a $13.50 target price on the stock.
Shares of Tellurian (TELL) opened at $11.45 on Thursday. The company has a market cap of $2,570.00, a PE ratio of -8.81 and a beta of 1.06. Tellurian has a 12 month low of $8.19 and a 12 month high of $21.74.
Hedge funds have recently made changes to their positions in the company. Fox Run Management L.L.C. purchased a new position in shares of Tellurian during the 4th quarter worth about $103,000. Nationwide Fund Advisors purchased a new position in shares of Tellurian during the 2nd quarter worth about $313,000. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Tellurian by 3.9% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 300,958 shares of the oil and gas producer’s stock worth $2,932,000 after acquiring an additional 11,390 shares during the period. Institutional investors and hedge funds own 9.30% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Tellurian (NASDAQ:TELL) Coverage Initiated by Analysts at Stifel Nicolaus” was originally published by Marea Informative and is owned by of Marea Informative. If you are viewing this report on another website, it was stolen and republished in violation of US and international copyright laws. The legal version of this report can be viewed at https://www.mareainformativa.com/2018/01/30/tellurian-tell-research-coverage-started-at-stifel-nicolaus-updated-updated-updated.html.
Tellurian Inc, formerly Magellan Petroleum Corporation, is an oil and gas exploration and production company. The Company focuses on the development of liquefied natural gas (LNG) projects along the United States Gulf Coast through its subsidiary, Tellurian Investments Inc The Company owns interests in the Horse Hill-1 well and related licenses in the Weald Basin, onshore the United Kingdom, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia.
Receive News & Ratings for Tellurian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tellurian and related companies with MarketBeat.com's FREE daily email newsletter.