Jefferies Starts Golar LNG Ltd. (GLNG) at Buy, Cites Increased LNG Shipping Demand
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Price: $25.52 +0.91%
Rating Summary:
14 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 10 | New: 13
Rating Summary:
14 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 10 | New: 13
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Jefferies initiates coverage on Golar LNG Ltd. (NASDAQ: GLNG) with a Buy. PT $50.00.
The firm comments, "we believe the company is very well positioned to take advantage of the continuous increasing demand for LNG shipping with its combination of spot market exposure, short-term time charter contract duration, and uncommitted newbuilding vessels."
For an analyst ratings summary and ratings history on Golar LNG Ltd. click here. For more ratings news on Golar LNG Ltd. click here.
Shares of Golar LNG Ltd. closed at $38.61 yesterday.
The firm comments, "we believe the company is very well positioned to take advantage of the continuous increasing demand for LNG shipping with its combination of spot market exposure, short-term time charter contract duration, and uncommitted newbuilding vessels."
For an analyst ratings summary and ratings history on Golar LNG Ltd. click here. For more ratings news on Golar LNG Ltd. click here.
Shares of Golar LNG Ltd. closed at $38.61 yesterday.
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