What Are Analysts’ Recommendations for GasLog Partners?
In June, Morgan Stanley raised the target price for GasLog Partners to $25.5 from $23.5. The current average target price for GasLog Partners is $25.9.
Wall Street analysts expect GasLog Partners’ (GLOP) 2Q17 revenue to rise. Analysts project higher EBITDA in 2Q17 as well.
Wall Street analysts expect revenue of just over $61 million for GasLog Partners (GLOP) in 2Q17—compared to $56 million in the previous quarter.
GasLog Partners plans to release its 2Q17 results before the market opens on July 27. The release will be followed by a conference call on the same day.
On June 9, 2017, Morgan Stanley reduced the target price for Teekay LNG Partners (TGP) to $15 from $18. Currently, the consensus target price is $19.20.
On June 21, 2017, Golar LNG (GLNG) signed an agreement with Delfin LNG to develop the Delfin LNG project in the Gulf of Mexico.
GasLog Partners believes GasLog Geneva will add ~$23.0 million to its EBITDA in the first 12 months after closing.
In June 2017, Maxim reduced the target price for Dynagas LNG Partners (DLNG) to $18 from $20. The consensus 12-month target price is $17.70.
The consensus 12-month target price for Höegh LNG Partners (HMLP) is $27.19. Based on the June 27 price, the target price implies a potential upside of 16.5%.
Ten analysts have given recommendations for Golar LNG Partners (GMLP). The consensus rating on the stock is 2.4, which means a “buy.”
Since the start of 2017, LNG (liquefied natural gas) carrier stocks have given mixed returns. GasLog (GLOG) has had the highest year-to-date return.
Dynagas LNG Partners’ (DLNG) 1Q17 results are scheduled to be released on June 8, 2017. The release will be followed by a conference call on the same day.
For 1Q17, DLNG’s EBITDA is expected to fall to $30.8 million from $33.8 million in the previous quarter, an 8.8% fall quarter-over-quarter.
Wall Street analysts have a 12-month price target of $34.64 for Golar LNG (GLNG). Compared to its price of $27.37 on May 23, 2017, this target implies a potential return of 26.5%.
Golar LNG’s 1Q17 EBITDA is expected to improve to $5.2 million compared to -$15.8 million in 4Q16 and -$21.7 million in 1Q16.
According to Reuters, analysts expect revenues of ~$24.7 million for Golar LNG (GLNG) in 1Q17, compared to ~$23.1 million in 4Q16 and ~$18.7 million in 1Q16.
Golar LNG’s (GLNG) 1Q17 results are scheduled to be released on May 31, 2017. Most of the LNG carrier companies have been trading in the green in 2017 year-to-date.
Wall Street analysts expect Gaslog’s 1Q17 revenue to rise, and they’re projecting higher EBITDA (earnings before interest, tax, depreciation, and amortization) in 1Q17 compared to 4Q16 and 1Q16.
Wall Street analysts expect revenue of just over $130 million for Gaslog (GLOG) in 1Q17, compared to $126 million in the previous quarter and $104 million in 1Q16.
Gaslog (GLOG), an international owner, operator, and manager of LNG (liquefied natural gas) carriers, plans to release its 1Q17 results before the market opens on May 5, 2017.