According to Reuters, the consensus rating for GasLog (GLOG) is 2.08, which means a “buy” on a scale of one (strong buy) to five (strong sell). Its peers Höegh LNG Partners (HMLP) and Dynagas LNG Partners (DLNG) have consensus ratings of 1.43 and 2.57, respectively.
For GasLog, 13 analysts have given recommendations, and 61% are bullish. Five analysts have given “strong buy” recommendations on the stock, while another three have given it “buy” recommendations. Meanwhile, 31% of analysts are neutral and have rated GasLog as a “hold.” One analyst (8%) is bearish on GasLog.
The consensus 12-month target price for GasLog is $21.27, which implies a potential upside of 21.54% from its price of $17.5 on July 18.
Revenue and earnings estimates
Analysts expect GasLog’s second-quarter revenue to be $145.4 million, a 5.05% rise sequentially and an 11.96% rise compared to $129.9 million in the second quarter of 2017. For the third quarter, analysts expect another rise in GasLog’s revenue to $150.8 million.
GasLog’s 2018 revenue is expected to be $596.2 million—a 13.5% rise compared to $525 million in 2017. In 2019, its revenue is expected to be $683.6 million.
Since GasLog’s revenue is expected to rise, its EBITDA is also expected to rise. Analysts expect the company’s second-quarter EBITDA to be $96.7 million compared to $95.5 million in the previous quarter and $87.02 million in the second quarter of 2017. Analysts’ 2018 and 2019 EBITDA estimates for GasLog are $405.2 million and $480.3 million, respectively, compared to $354 million in 2017.