Golar LNG Partners (NASDAQ: GMLP) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Tuesday. They currently have a $34.10 target price on the stock.
Shares of Golar LNG Partners traded down 0.10% during mid-day trading on Tuesday, hitting $29.79. Golar LNG Partners has a 52 week low of $25.52 and a 52 week high of $38.50. The stock’s 50-day moving average is currently $30.52.
Separately, analysts at Evercore Partners cut their price target on shares of Golar LNG Partners from $37.00 to $34.00 in a research note to investors on Friday. They now have an “overweight” rating on the stock.
Nine equities research analysts have rated the stock with a buy rating, one has assigned an overweight rating, and two have given a hold rating to the company. The company presently has a consensus rating of “buy” and an average target price of $36.04.
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.
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