Golar LNG (NASDAQ:GLNG) had its price objective hosited by Evercore Partners from $36.00 to $37.00 in a report released on Friday, American Banking & Market News reports. Evercore Partners currently has an overweight rating on the stock.
Shares of Golar LNG (NASDAQ:GLNG) opened at 36.33 on Friday. Golar LNG has a one year low of $30.51 and a one year high of $41.55. The stock’s 50-day moving average is $37.33 and its 200-day moving average is $36.19. The company has a market cap of $2.925 billion and a price-to-earnings ratio of 2.75.
The company also recently declared a quarterly dividend, which is scheduled for Friday, December 20th. Investors of record on Friday, December 6th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date of this dividend is Wednesday, December 4th.
GLNG has been the subject of a number of other recent research reports. Analysts at Fearnley Fonds downgraded shares of Golar LNG from an accumulate rating to a reduce rating in a research note to investors on Thursday, November 21st. Analysts at Zacks downgraded shares of Golar LNG from a neutral rating to an underperform rating in a research note to investors on Thursday, September 26th. They now have a $37.20 price target on the stock. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of $38.53.
Golar LNG Limited (NASDAQ:GLNG) is the owner and operator of liquefied natural gas (LNG) carriers and floating storage regasification units (FSRUs).
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