Jefferies Starts GasLog Partners LP (GLOP) at Buy
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
Jefferies initiates coverage on GasLog Partners LP (NYSE: GLOP) with a Buy rating and a price target of $24.00.
Analyst Randy Giveans commented, "We are initiating coverage of the LNG shipping Master Limited Partnership group with a bullish view due to the improving industry fundamentals with LNG shipping demand growth set to outpace LNG shipping supply growth through at least 2020, very attractive risk/reward dynamics relative to the midstream MLP space, and potential for continued fleet expansion and annual distribution growth in the coming years."
Shares of GasLog Partners LP closed at $19.60 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies Reiterates Buy on PPG Industries (PPG) - PT to $113
- KLR Group Raises Price Target on SM Energy (SM) to $59; Reiterates Buy
- Netflix (NFLX) PT Raised to $140 at Guggenheim
Create E-mail Alert Related CategoriesAnalyst Comments, New Coverage
Related EntitiesJefferies & Co
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!