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Golar Lng (GLNG) [hlAlert]

Rating:
Buy GLNG
down 1.43 %

Golar Lng (GLNG) upgraded to Buy with price target $45 by Stifel

Posted on: Friday,  Aug 28, 2015  8:25 AM ET by Stifel

Stifel rated Buy Golar Lng (NASDAQ: GLNG) on 08/28/2015, when the stock price was $36.93. Since
then, Golar Lng has lost 1.44% as of 01/27/2016's recent price of $36.40.
If you would have followed this Stifel's recommendation on GLNG, you would have lost 1.43% of your investment in 152 days.

Golar LNG Limited (Golar) is an independent owner and operator of liquid natural gas (LNG) carriers (or vessels). The Company has fleet of 12 LNG vessels, of which one was delivered in January 2006 and one in June 2006. Golar is engaged in the acquisition, ownership, operation and chartering of LNG carriers through its subsidiaries. The Company operates 11 of its vessels through wholly owned subsidiaries and it has a 60% interest in the owning company of a vessel, the Golar Mazo. Six of the Company’s LNG carriers are contracted under long-term charters, three LNG carriers are contracted under short-term charters and three vessels are in medium term, five-year market related charter contracts with Shell. In November 2006 the Company acquired 20% interest in OLT Offshore Toscana S.p.A.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/28/2015 8:25 AM Buy
None
36.93 45.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/23/2014 12:00 AM Hold
None
43.94

(*) Stock Price at the time of the recommendation.
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