Golar LNG Now Covered by Stifel Nicolaus (GLNG)
Investment analysts at Stifel Nicolaus initiated coverage on shares of Golar LNG (NASDAQ:GLNG) in a note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm set a “hold” rating on the stock.
A number of other firms have also recently commented on GLNG. Analysts at Zacks upgraded shares of Golar LNG from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 30th. They now have a $45.70 price target on the stock. Analysts at Jefferies Group downgraded shares of Golar LNG from a “buy” rating to a “hold” rating in a research note on Monday, April 21st. They now have a $40.00 price target on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Golar LNG presently has an average rating of “Hold” and a consensus price target of $37.93.
Golar LNG (NASDAQ:GLNG) opened at 43.70 on Friday. Golar LNG has a 52-week low of $30.51 and a 52-week high of $46.70. The stock has a 50-day moving average of $43.72 and a 200-day moving average of $38.. The company has a market cap of $3.521 billion and a P/E ratio of 27.49.
Golar LNG Limited (NASDAQ:GLNG) is the owner and operator of liquefied natural gas (LNG) carriers and floating storage regasification units (FSRUs).
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