Clarkson Capital Raises Golar LNG Partners Price Target to $44.00 (GMLP)
Stock analysts at Clarkson Capital raised their price target on shares of Golar LNG Partners (NASDAQ:GMLP) from $38.00 to $44.00 in a report issued on Wednesday. Clarkson Capital’s target price would indicate a potential upside of 16.03% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. downgraded shares of Golar LNG Partners from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 29th. They now have a $38.00 price target on the stock, up previously from $35.00. Analysts at Evercore Partners cut their price target on shares of Golar LNG Partners from $38.00 to $35.00 in a research note on Thursday, May 29th. They now have an “overweight” rating on the stock. Four analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and an average target price of $39.00.
Golar LNG Partners (NASDAQ:GMLP) opened at 37.92 on Wednesday. Golar LNG Partners has a 52-week low of $27.55 and a 52-week high of $38.50. The stock’s 50-day moving average is $35.49 and its 200-day moving average is $32.63.
Golar LNG Partners LP (NASDAQ:GMLP) is a limited partnership formed as a wholly owned subsidiary of Golar LNG Limited (Golar), an independent owner and operator of floating storage re-gasification units (FSRUs) and liquefied natural gas (LNG) carriers, to own and operate FSRUs and LNG carriers under long-term charters.
Receive News & Ratings for Golar LNG Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golar LNG Partners LP and related companies with Analyst Ratings Network's FREE daily email newsletter.