Analyst Rating Update on GasLog LP. (GLOG)

GasLog LP. (NYSE:GLOG) : 4 brokerage houses believe that GasLog LP. (NYSE:GLOG) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on GasLog LP. (NYSE:GLOG). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 2.14.

GasLog LP. (NYSE:GLOG) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $20 and the lowest price target forecast is $9. The average forecast of all the analysts is $15.17 and the expected standard deviation is $4.4.

For the current week, the company shares have a recommendation consensus of Buy.

GasLog LP. (NYSE:GLOG): stock turned positive on Tuesday. Though the stock opened at $12.02, the bulls momentum made the stock top out at $12.6301 level for the day. The stock recorded a low of $11.89 and closed the trading day at $12.59, in the green by 7.51%. The total traded volume for the day was 687,667. The stock had closed at $11.71 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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