BTIG analyst Gregory Lewis maintained a Buy rating on Golar LNG (GLNG – Research Report) on January 5 and set a price target of $30.00. The company’s shares closed last Friday at $23.09.
Lewis covers the Energy sector, focusing on stocks such as Frontline, International Seaways, and TechnipFMC. According to TipRanks, Lewis has an average return of -1.4% and a 45.27% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Golar LNG with a $32.00 average price target.
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The company has a one-year high of $24.49 and a one-year low of $19.13. Currently, Golar LNG has an average volume of 948.5K.
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Golar LNG (GLNG) Company Description:
Golar LNG Ltd. owns and operates liquefied natural gas carriers, floating storage, and regasification unit. It operates through the following segments: Vessel Operations, FLNG, and Power. The Vessel Operations segment operates and charter out vessels on fixed terms to customers. The FLNG segment provides integrated upstream and midstream solution for the development of gas reserves to LNG. The Power segment integrated LNG based downstream solutions, through the ownership and operation of FSRUs and associated terminal and power generation infrastructure. The company was founded on May 10, 2001 and is headquartered in Hamilton, Bermuda.
Read More on GLNG:
- Update on re-sale of unsecured bonds held in treasury and share buyback
- Ex-Dividend Date Nearing for These 10 Stocks – Week of November 27, 2023
- Key information relating to the cash dividend to be paid by Golar LNG Limited
- Golar LNG reports Q3 revenue $67.25M, consensus 73.22M
- Interim results for the period ended September 30, 2023
