Evercore Partners Increases Golar LNG Partners Price Target to $38.00 (GMLP)
Investment analysts at Evercore Partners boosted their target price on shares of Golar LNG Partners (NASDAQ:GMLP) from $35.00 to $38.00 in a note issued to investors on Wednesday. Evercore Partners’ price objective indicates a potential upside of 0.21% from the stock’s previous close.
Shares of 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at Clarkson Capital raised their price target on shares of Golar LNG Partners from $38.00 to $44.00 in a research note on Wednesday. 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. Four research analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and a consensus price target of $39.00.
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.
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