GasLog Partners Receives Average Rating of “Buy” from Analysts (NASDAQ:GLOP)
GasLog Partners (NASDAQ:GLOP) has been given an average recommendation of “Buy” by the seven brokerages that are currently covering the company, Analyst Ratings Network reports. Seven equities research analysts have rated the stock with a buy recommendation, The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $34.00.
Several analysts have recently commented on the stock. Analysts at Barclays initiated coverage on shares of GasLog Partners in a research note on Thursday. They set an “overweight” rating and a $37.00 price target on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of GasLog Partners in a research note on Wednesday, June 25th. They now have a $38.00 price target on the stock, up previously from $30.00.
GasLog Partners (NASDAQ:GLOP) opened at 33.33 on Thursday. GasLog Partners has a 52-week low of $25.50 and a 52-week high of $37.39. The stock’s 50-day moving average is $33.07 and its 200-day moving average is $31.48. The company has a market cap of $327.4 million and a price-to-earnings ratio of 11.39.
GasLog Partners (NASDAQ:GLOP) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.41 by $0.20. The company had revenue of $21.00 million for the quarter, compared to the consensus estimate of $20.99 million. The company’s quarterly revenue was up 28.8% on a year-over-year basis. On average, analysts predict that GasLog Partners will post $1.48 earnings per share for the current fiscal year.
GasLog Partners LP is a limited partnership. The Company is formed to own, operate and acquire liquefied natural gas (NASDAQ:GLOP), carriers engaged in LNG transportation under long-term charters.
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