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Golar LNG Partners LP (GMLP) [hlAlert]

Rating:
Buy GMLP
down 43.13 %

Golar LNG Partners LP (GMLP) rated Buy with price target $29 by Stifel

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

Stifel rated Buy Golar LNG Partners LP (NASDAQ: GMLP) on 08/28/2015. Previously Stifel rated Buy Golar LNG Partners LP (NASDAQ: GMLP) on
05/23/2014., when the stock price was $31.41. Since then, Golar LNG Partners LP has lost 43.14% as of 01/21/2016's recent price of $17.86.
If you would have followed the previous Stifel's recommendation on GMLP, you would have lost 43.13% of your investment in 608 days.

Golar LNG Partners LP (Golar LNG Partners) formed by Golar LNG Limited (Golar) to own and operate floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters. The Company is a wholly-owned subsidiary of Golar. Its general partner is Golar GP LLC, a wholly owned subsidiary of Golar LNG Limited. The Company focuses to leverage the relationships and expertise of Golar, an independent owner and operator of FSRUs and LNG carriers. Golar intends to focus primarily on FSRU and LNG project development, LNG trading and LNG transportation, storage and regasification activities. The Company has 100% interest in the Golar Spirit. The Golar Spirit operates as a traditional LNG carrier. The Company has a 100% interest in the Golar Winter. The Company has a 100% interest in the Methane Princess, and a 60% interest in the Golar Mazo.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/28/2015 8:25 AM Buy
None
18.08 29.00
as of 8/27/2015
1 Week down  -13.09 %
1 Month down  -33.77 %
3 Months down  -35.54 %
1 YTD down  -43.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/23/2014 12:00 AM Buy
None
31.41 36.00

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