Golar LNG Limited Upgraded by Nordea Equity Research to Hold (GLNG)
Golar LNG Limited (NASDAQ:GLNG) opened at 58.97 on Thursday. Golar LNG Limited has a 52-week low of $30.93 and a 52-week high of $60.75. The stock has a 50-day moving average of $50.3 and a 200-day moving average of $41.73. The company has a market cap of $4.753 billion and a price-to-earnings ratio of 80.19.
A number of other firms have also recently commented on GLNG. Analysts at BTIG Research initiated coverage on shares of Golar LNG Limited in a research note on Wednesday, June 25th. They set a “buy” rating and a $80.00 price target on the stock. Separately, analysts at Evercore Partners raised their price target on shares of Golar LNG Limited from $52.00 to $59.00 in a research note on Wednesday, June 18th. They now have an “overweight” rating on the stock. Finally, analysts at Global Hunter Securities raised their price target on shares of Golar LNG Limited from $42.00 to $54.00 in a research note on Thursday, May 29th. They now have a “buy” rating on the stock. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $47.96.
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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