Recent Research Analysts’ Ratings Updates for Golar LNG (GLNG)

Golar LNG (NASDAQ: GLNG) recently received a number of ratings updates from brokerages and research firms:

  • 2/8/2018 – Golar LNG was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “GOLAR LNG LIMITED is engaged in the acquisition, ownership, operation and chartering of liquid natural gas carriers and floating storage re-gasification units through its subsidiaries. “
  • 1/31/2018 – Golar LNG was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “GOLAR LNG LIMITED is engaged in the acquisition, ownership, operation and chartering of liquid natural gas carriers and floating storage re-gasification units through its subsidiaries. “
  • 1/31/2018 – Golar LNG was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/25/2018 – Golar LNG was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “GOLAR LNG LIMITED is engaged in the acquisition, ownership, operation and chartering of liquid natural gas carriers and floating storage re-gasification units through its subsidiaries. “
  • 1/13/2018 – Golar LNG was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 1/6/2018 – Golar LNG was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 12/18/2017 – Golar LNG is now covered by analysts at Jefferies Group LLC. They set a “buy” rating and a $39.00 price target on the stock.
  • 12/15/2017 – Golar LNG was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.

Golar LNG Limited (NASDAQ GLNG) opened at $25.46 on Monday. The company has a market cap of $2,570.00, a PE ratio of -13.69, a PEG ratio of 14.03 and a beta of 0.76. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.41 and a current ratio of 0.41. Golar LNG Limited has a one year low of $19.32 and a one year high of $31.64.

Golar LNG (NASDAQ:GLNG) last released its quarterly earnings results on Thursday, November 30th. The shipping company reported ($0.43) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.36) by ($0.07). Golar LNG had a negative return on equity of 9.15% and a negative net margin of 180.90%. The company had revenue of $32.43 million during the quarter, compared to the consensus estimate of $24.04 million. sell-side analysts predict that Golar LNG Limited will post -1.84 EPS for the current year.

Golar LNG Limited is a midstream liquefied natural gas (LNG) company engaged primarily in the transportation, regasification, liquefaction and trading of LNG. The Company is engaged in the acquisition, ownership, operation and chartering of LNG carriers and Floating Storage Regasification Unit (FSRUs) through its subsidiaries and affiliates, and the development of LNG projects, such as floating LNGs (FLNGs).

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