# New Fortress Energy Inc.  Share Price Target ‘$44.60’, now 39.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/new-fortress-energy-inc.share-price-target-44.60-now-39.2-upside-potential/4121142034
- Published: 2024-02-09T14:44:09+00:00
- Author: Charlotte Edwards

**New Fortress Energy Inc.** which can be found using ticker (NFE) have now 10 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $60.00 and $32.00 calculating the average target share
price we see $44.60. (at the time of writing). Now with the previous closing price
of $32.03 this now indicates there is a potential upside of 39.2%. The 50 day moving
average now sits at $35.83 and the 200 moving average now moves to $31.48. The company
has a market capitalization of 6.56B. The stock price for the company is currently
$31.99 USD

 The potential market cap would be $9,132,962,836 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 16.84, revenue per share of $10.64
and a 6.35% 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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