Golar LNG (NASDAQ:GLNG) was downgraded by BidaskClub from a “strong-buy” rating to a “buy” rating in a report released on Saturday.
A number of other equities research analysts also recently weighed in on GLNG. ABN Amro upgraded Golar LNG from a “hold” rating to a “buy” rating in a research report on Monday, October 30th. Zacks Investment Research downgraded Golar LNG from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Cowen raised their price target on Golar LNG from $41.00 to $44.00 and gave the company an “outperform” rating in a research report on Tuesday, December 12th. Finally, Jefferies Group assumed coverage on Golar LNG in a research report on Monday, December 18th. They set a “buy” rating and a $39.00 price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $35.17.
Shares of Golar LNG (NASDAQ GLNG) opened at $29.78 on Friday. The stock has a market capitalization of $3,010.00, a price-to-earnings ratio of -16.01, a P/E/G ratio of 15.67 and a beta of 0.96. Golar LNG has a 52 week low of $19.32 and a 52 week high of $31.64. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.41 and a current ratio of 0.41.
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About Golar LNG
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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