Shares of Excelerate Energy, Inc. ( NYSE:EE – Get Free Report ) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $35.23 and traded as high as $36.63. Excelerate Energy shares last traded at $35.4370, with a volume of 700,656 shares.
Analysts Set New Price Targets
Several research firms have recently commented on EE. Morgan Stanley set a $41.00 price target on shares of Excelerate Energy in a report on Friday, August 7th. Dnb Carnegie upgraded Excelerate Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 28th. Northland Securities set a $45.00 price objective on Excelerate Energy in a research report on Wednesday, August 12th. DNB Markets set a $39.00 target price on Excelerate Energy in a research note on Wednesday, October 28th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Excelerate Energy in a research report on Wednesday, August 12th. Four equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Excelerate Energy currently has a co...