Ken Hoexter analyst at Bank of America Securities reiterates coverage on Golar LNG (GLNG) in the Industrial Goods sector with a Buy rating. TipRanks.com has Hoexter rated as a 4.4 star analyst with a 52% return on investment and a 5.7% success rate. Hoexter has set a price target of $ 29.
TipRanks.com reports that Golar LNG currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $34.38. The target pricing ranges from a high forecast of $38.00 down to a low forecast of $29.00. Golar LNG (GLNG)’s last closing price was $24.66 which would put the average price target at 39.42% upside.
In addition, TradingView issued a Sell rating for GLNG over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on GLNG.
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This article was pulled from the authority in health stocks, industrialstockmovers.com. While we integrate our news with IndustrialStockMovers.com, if you are interested in the healthtech sector, please visit IndustrialStockMovers.com.
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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