Golar LNG Partners PT Raised to $42.00 at Stifel Nicolaus (GMLP)
Stock analysts at Stifel Nicolaus boosted their price objective on shares of Golar LNG Partners (NASDAQ:GMLP) from $40.00 to $42.00 in a report issued on Wednesday. Stifel Nicolaus’ price target points to a potential upside of 10.76% from the company’s current price.
Shares of Golar LNG Partners (NASDAQ:GMLP) opened at 37.92 on Wednesday. Golar LNG Partners has a one year low of $27.55 and a one year high of $38.50. The stock’s 50-day moving average is $35.49 and its 200-day moving average is $32.63.
Several other analysts have also recently commented on the stock. Analysts at Evercore Partners raised their price target on shares of Golar LNG Partners from $35.00 to $38.00 in a research note on Wednesday. Separately, 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. Finally, 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, Golar LNG Partners currently has a consensus 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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