Golar LNG Limited (NASDAQ:GLNG) Analyst Rating Consensus

Golar LNG Limited (NASDAQ:GLNG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.36 by 7 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.

Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Nordea, upgrades their rating on the shares of Golar LNG Limited (NASDAQ:GLNG). Nordea has a Buy rating on the shares. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on June 1, 2016.

Golar LNG Limited (NASDAQ:GLNG): According to 6 Analysts, The short term target price has been estimated at $ 37.17.The target price could deviate by a maximum of $12.69 from the forecast price. In the near term, the target price could hit a high of $57 and a low of $ 19.

Golar LNG Limited (NASDAQ:GLNG) witnessed a decline in the market cap on Tuesday as its shares dropped 2.13% or 0.36 points. After the session commenced at $16.77, the stock reached the higher end at $16.81 while it hit a low of $15.87. With the volume soaring to 1,444,153 shares, the last trade was called at $16.52. The company has a 52-week high of $51.89. The company has a market cap of $1,545 million and there are 93,546,663 shares in outstanding. The 52-week low of the share price is $9.42.

Shares of Golar LNG Ltd. appreciated by 4.03% during the last five trading days but lost 4.5% on a 4-week basis. Golar LNG Ltd. has dropped 18.82% during the last 3-month period . Year-to-Date the stock performance stands at 5.2%.

Golar LNG Limited (Golar) is the owner and operator of liquefied natural gas (LNG) carriers and floating storage regasification units (FSRUs). As of March 31, 2010, Golar had a fleet of 13 vessels, 10 LNG carriers, three FSRUs and a 50% interest in a further LNG carrier. On June 22, 2009, the Company formed a wholly owned subsidiary, Golar LNG Energy Limited (Golar Energy). As of December 31, 2009, it owned 73.8% of Golar Energy. Golar Energy specializes in the acquisition, ownership, operation and chartering of FSRUs and the development of liquefaction projects. In 2011, the Company made the following acquisitions: Golar LNG Energy Limited (July), a floating storage and regasification unit Golar Freeze (October). On January 23, 2012, the Company acquired a Moss type carrier, namely LNG Carrier Gandria. On July 19, 2012, it sold its interest in the companies owning and operating the Nusantara Tegas Satu FSRU.

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