Zacks Rating on GasLog LP. (GLOG)

GasLog LP. (GLOG) : The consensus on GasLog LP. (GLOG) based on 6 analyst recommendation on the company stock is 1.67, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

GasLog LP. (GLOG) : The highest level GasLog LP. (GLOG) is projected to reach is $20 for the short term and the lowest estimate is at $13. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $16.6 and the possibility the share price can swing is $2.7.


GasLog Ltd. has dropped 3.27% in the last five trading days, however, the shares have posted positive gains of 8.63% in the last 4 weeks. GasLog Ltd. is up 22.97% in the last 3-month period. Year-to-Date the stock performance stands at 77.23%. GasLog LP. (NYSE:GLOG): stock turned positive on Tuesday. Though the stock opened at $14.04, the bulls momentum made the stock top out at $14.29 level for the day. The stock recorded a low of $14.02 and closed the trading day at $14.21, in the green by 1.36%. The total traded volume for the day was 470,694. The stock had closed at $14.02 in the previous days trading.

GasLog Ltd. (GasLog) is a holding company. The Company and its subsidiaries are primarily engaged in the ownership, operation and management of vessels in the Liquefied natural gas (LNG) market. The Company operates in two segments: vessel ownership and vessel management. The Company provides maritime services for the transportation of LNG on a across the world basis and LNG vessel management services. The Company conducts its operations through its vessel-owning subsidiaries and through its vessel management services subsidiary. Its subsidiaries include GasLog Investments Ltd., GasLog Carriers Ltd., GasLog Shipping Company Ltd., GasLog Monaco S.A.M., GAS-one Ltd., GAS-seven Ltd., GAS-twelve Ltd., GAS-twenty one Ltd., GasLog Shipping Limited and Egypt LNG Shipping Ltd., among others. Its wholly owned fleet consists of approximately 20 LNG carriers, including over 11 ships in operation, over seven LNG carriers on order at Samsung and over two LNG carriers on order at Hyundai.

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