Golar LNG Limited Now Covered by Bank of America (GLNG)
GLNG has been the subject of a number of other recent research reports. Analysts at Nordea Equity Research upgraded shares of Golar LNG Limited from a “strong sell” rating to a “hold” rating in a research note on Thursday. They now have a $63.00 price target on the stock, up previously from $31.00. Separately, 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. Finally, 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. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $52.21.
Golar LNG Limited (NASDAQ:GLNG) opened at 60.42 on Monday. Golar LNG Limited has a 52 week low of $30.93 and a 52 week high of $61.63. The stock has a 50-day moving average of $50.84 and a 200-day moving average of $41.86. The company has a market cap of $4.870 billion and a P/E ratio of 78.11.
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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