Jefferies Starts GasLog Ltd. (GLOG) at Buy, Cites LNG Shipping Fundamentals

September 21, 2012 7:00 AM EDT
Get Alerts GLOG Hot Sheet
Price: $5.79 --0%

Rating Summary:
    11 Buy, 8 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on GasLog Ltd. (NYSE: GLOG) with a Buy. PT $15.00.

The firm comments, "We believe the Company is very well positioned for growth given the attractive long-term fundamentals of the LNG shipping market and GasLog's time charter strategy/built-in growth prospects as a result of its fully financed newbuilding program."

For an analyst ratings summary and ratings history on GasLog Ltd. click here. For more ratings news on GasLog Ltd. click here.

Shares of GasLog Ltd. closed at $11.19 yesterday.


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