Worth Watching: What’s Ahead for Golar LNG Partners LP After Today’s Huge Increase?

Worth Watching: What's Ahead for Golar LNG Partners LP After Today's Huge Increase?

The stock of Golar LNG Partners LP (NASDAQ:GMLP) is a huge mover today! Golar LNG Partners LP (NASDAQ:GMLP) has risen 13.31% since April 27, 2016 and is uptrending. It has outperformed by 8.08% the S&P500.
The move comes after 5 months positive chart setup for the $1.28B company. It was reported on Nov, 30 by Barchart.com. We have $22.41 PT which if reached, will make NASDAQ:GMLP worth $115.20M more.

Golar LNG Partners LP (NASDAQ:GMLP) Ratings Coverage

Out of 4 analysts covering Golar LNG Partners (NASDAQ:GMLP), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Golar LNG Partners has been the topic of 8 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The stock of Golar LNG Partners LP (NASDAQ:GMLP) earned “Hold” rating by Zacks on Wednesday, August 19. Danske Bank initiated Golar LNG Partners LP (NASDAQ:GMLP) rating on Tuesday, September 22. Danske Bank has “Buy” rating and $24 price target. Jefferies initiated the shares of GMLP in a report on Tuesday, September 13 with “Buy” rating.

According to Zacks Investment Research, “Golar LNG Partners LP is a limited partnership primarily focused on owning and operating floating storage and regasification units (or FSRUs) and LNG carriers under long-term charters. Golar LNG Partners LP is based in Hamilton, Bermuda.”

More notable recent Golar LNG Partners LP (NASDAQ:GMLP) news were published by: Globenewswire.com which released: “Golar LNG Partners LP: Q3 2016 results presentation” on November 21, 2016, also Globenewswire.com with their article: “Golar LNG Partners L.P. – Exchange of Incentive Distribution Rights” published on October 14, 2016, Nasdaq.com published: “Golar LNG Partners LP (GMLP) Ex-Dividend Date Scheduled for November 03, 2016” on November 02, 2016. More interesting news about Golar LNG Partners LP (NASDAQ:GMLP) were released by: Thestreet.com and their article: “Why Golar LNG Partners (GMLP) Stock Plummeted Today” published on December 17, 2015 as well as Nasdaq.com‘s news article titled: “Golar LNG Partners LP (GMLP) Ex-Dividend Date Scheduled for August 03, 2016” with publication date: August 02, 2016.

GMLP Company Profile

Golar LNG Partners LP, incorporated on October 24, 2007, owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The Firm operates through the LNG market segment. The Company’s fleet consists of approximately six FSRUs and over four LNG carriers.

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