# New Fortress Energy Inc. – Consensus ‘buy’ rating and 38.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/new-fortress-energy-inc.consensus-buy-rating-and-38.0-upside-potential/4121130971
- Published: 2023-10-26T12:41:06+01:00
- Author: Charlotte Edwards

**New Fortress Energy Inc.** which can be found using ticker (NFE) have now 9 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
range between the high target price and low target price is between 61 and 32 calculating
the average target price we see $44.56. Now with the previous closing price of $
32.30 this would indicate that there is a potential upside of 38.0%. Also worth 
taking note is the 50 day moving average now sits at $31.14 and the 200 day moving
average is $31.12. The company has a market cap of 6.50B. The stock price for the
company is currently 31.72 USD

 The potential market cap would be $8,972,125,970 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 16.78, revenue per share of 11.63
and a 6.98% return on assets.

New Fortress Energy Inc. is an energy infrastructure company, which is engaged in
providing energy and development services. The Company owns and operates natural
gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships
and logistics assets to rapidly deliver energy solutions to global markets. The 
Company operates through two segments: Terminals and Infrastructure and Ships. The
Terminals and Infrastructure segment includes the entire production and delivery
chain from natural gas procurement and liquefaction to logistics, shipping, facilities
and conversion or development of natural gas-fired power generation. This segment
includes all terminal operations in Jamaica, Puerto Rico, Mexico and Brazil, including
its interest in the Sergipe Power Plant. Its Ships segment includes all vessels,
which are leased to customers under long-term or spot arrangements, including the
25-year charter of Nanook with Centrais Eletricas de Sergipe S.A. (CELSE).

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