Jefferies (NYSE:JEF) analyst Randy Giveans reiterated a Buy rating on Golar Lng Limited on Monday, setting a price target of $17, which is approximately 66.50% above the present share price of $10.21.
Giveans expects Golar Lng Limited to post earnings per share (EPS) of $4.29 for the third quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Golar LNG (NASDAQ:GLNG), with an average price target of $17.
The analysts price targets range from a high of $17 to a low of $17.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $104.29 million and a net profit of $37.56 million. The company's market cap is $1.12 billion.
According to TipRanks.com, Jefferies analyst Randy Giveans is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 14.2% and a 40.49% success rate.
Golar LNG Ltd . owns and operates liquefied natural gas carriers, floating storage, and regasification unit. It operates through the following segments: Vessel Operations, FLNG (OL:FLNG), and Power. The Vessel Operations segment operates and charter out vessels on fixed terms to customers. The FLNG segment provides integrated upstream and midstream solution for the development of gas reserves to LNG. The Power segment integrated LNG based downstream solutions, through the ownership and operation of FSRUs and associated terminal and power generation infrastructure. The company was founded on May 10, 2001 and is headquartered in Hamilton, Bermuda.