Brokerage Firm Rating Update on GasLog LP. (GLOG)

GasLog LP. (GLOG) : Zacks Investment Research ranks GasLog LP. (GLOG) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 1.67, which indicates as a Buy.

GasLog LP. (GLOG) : The highest short term price target forecast on GasLog LP. (GLOG) is $20 and the lowest target price is $13. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $16.6 with a standard deviation of $2.7.


For the current week, the company shares have a recommendation consensus of Buy. Also, Citigroup maintains its rating on GasLog LP. (NYSE:GLOG). The global brokerage major raises the current price target from $13 per share to $15 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on August 5, 2016.

GasLog LP. (NYSE:GLOG): The stock opened at $13.54 and touched an intraday high of $14.11 on Wednesday. During the day, the stock corrected to an intraday low of $13.321, however, the bulls stepped in and pushed the price higher to close in the green at $13.98 with a gain of 3.17% for the day. The total traded volume for the day was 786,183. The stock had closed at $13.55 in the previous trading session.

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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