Somewhat Positive Media Coverage Somewhat Unlikely to Affect Golar LNG Partners (GMLP) Stock Price

Headlines about Golar LNG Partners (NASDAQ:GMLP) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Golar LNG Partners earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave media headlines about the shipping company an impact score of 46.0810848902103 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

GMLP has been the topic of several analyst reports. Zacks Investment Research lowered Golar LNG Partners from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Stifel Nicolaus set a $23.00 target price on Golar LNG Partners and gave the stock a “hold” rating in a report on Thursday, August 17th. Jefferies Group LLC restated a “buy” rating and issued a $26.00 price objective on shares of Golar LNG Partners in a research note on Tuesday, September 26th. BidaskClub upgraded Golar LNG Partners from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Finally, ValuEngine upgraded Golar LNG Partners from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Golar LNG Partners presently has an average rating of “Hold” and an average target price of $23.25.

Golar LNG Partners (GMLP) traded down 0.35% during mid-day trading on Tuesday, reaching $22.98. The company’s stock had a trading volume of 62,184 shares. Golar LNG Partners has a 52-week low of $18.32 and a 52-week high of $25.82. The firm has a 50 day moving average price of $22.28 and a 200 day moving average price of $21.34. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 8.41 and a beta of 0.95.

Golar LNG Partners (NASDAQ:GMLP) last announced its earnings results on Wednesday, August 30th. The shipping company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.12. Golar LNG Partners had a return on equity of 31.69% and a net margin of 43.94%. Equities research analysts anticipate that Golar LNG Partners will post $2.11 earnings per share for the current year.

WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Golar LNG Partners (GMLP) Stock Price” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazet

GMLP has been the topic of several analyst reports. Zacks Investment Research lowered Golar LNG Partners from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Stifel Nicolaus set a $23.00 target price on Golar LNG Partners and gave the stock a “hold” rating in a report on Thursday, August 17th. Jefferies Group LLC restated a “buy” rating and issued a $26.00 price objective on shares of Golar LNG Partners in a research note on Tuesday, September 26th. BidaskClub upgraded Golar LNG Partners from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Finally, ValuEngine upgraded Golar LNG Partners from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Golar LNG Partners presently has an average rating of “Hold” and an average target price of $23.25.

Golar LNG Partners (GMLP) traded down 0.35% during mid-day trading on Tuesday, reaching $22.98. The company’s stock had a trading volume of 62,184 shares. Golar LNG Partners has a 52-week low of $18.32 and a 52-week high of $25.82. The firm has a 50 day moving average price of $22.28 and a 200 day moving average price of $21.34. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 8.41 and a beta of 0.95.

Golar LNG Partners (NASDAQ:GMLP) last announced its earnings results on Wednesday, August 30th. The shipping company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.12. Golar LNG Partners had a return on equity of 31.69% and a net margin of 43.94%. Equities research analysts anticipate that Golar LNG Partners will post $2.11 earnings per share for the current year.

WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Golar LNG Partners (GMLP) Stock Price” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be accessed at https://ledgergazette.com/2017/10/17/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-golar-lng-partners-gmlp-stock-price.html.

About Golar LNG Partners

Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The Company operates through the LNG market segment. The Company’s fleet consists of approximately six FSRUs and over four LNG carriers. The Company’s FSRU vessels include Golar Spirit, Golar Winter, Golar Freeze, NR Satu, Golar Igloo and Golar Eskimo.

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