Golar LNG (GLNG) Stock Forecast, Price Target & Predictions
GLNG Stock Forecast
Golar LNG stock forecast is as follows: an average price target of $51.17 (represents a 19.56% upside from GLNG’s last price of $42.80) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
GLNG Price Target
The average price target for Golar LNG (GLNG) is $51.17 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $56.00 to $44.50. This represents a potential 19.56% upside from GLNG's last price of $42.80.
GLNG Analyst Ratings
According to 5 Wall Street analysts, Golar LNG's rating consensus is 'Buy'. The analyst rating breakdown for GLNG stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Golar LNG Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 16, 2024 | Benjamin Nolan | Stifel Nicolaus | $53.00 | $33.26 | 59.35% | 23.83% |
| Aug 16, 2024 | Chris Robertson | Deutsche Bank | $56.00 | $33.26 | 68.37% | 30.84% |
| Jul 19, 2024 | Liam Burke | B.Riley Financial | $44.50 | $34.18 | 30.19% | 3.97% |
| Jun 25, 2024 | Gregory Lewis | BTIG | $45.00 | $30.47 | 47.69% | 5.14% |
| Jun 24, 2024 | Benjamin Nolan | Stifel Nicolaus | $55.00 | $30.20 | 82.12% | 28.50% |
| May 28, 2024 | Benjamin Nolan | Stifel Nicolaus | $34.00 | $26.03 | 30.62% | -20.56% |
| Nov 16, 2022 | Benjamin Nolan | Stifel Nicolaus | $35.00 | $24.36 | 43.68% | -18.22% |
The latest Golar LNG stock forecast, released on Aug 16, 2024 by Benjamin Nolan from Stifel Nicolaus, set a price target of $53.00, which represents a 59.35% increase from the stock price at the time of the forecast ($33.26), and a 23.83% increase from GLNG last price ($42.80).
Golar LNG Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $47.92 |
| Last Closing Price | $42.80 | $42.80 | $42.80 |
| Upside/Downside | -100.00% | -100.00% | 11.96% |
In the current month, the average price target of Golar LNG stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Golar LNG's last price of $42.80. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 16, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 19, 2024 | B. Riley | Buy | Buy | Hold |
| Jun 25, 2024 | BTIG | Buy | Buy | Hold |
| May 29, 2024 | BTIG | Buy | Buy | Hold |
| May 29, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Sep 29, 2022 | Bank of America Securities | Buy | Upgrade | |
| Feb 24, 2022 | Jefferies | Buy | Buy | Hold |
Golar LNG's last stock rating was published by Deutsche Bank on Aug 16, 2024. The company gave GLNG a "Buy" rating, the same as its previous rate.
Golar LNG Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TRMD | TORM | $19.66 | $45.00 | 128.89% | Buy |
| LPG | Dorian LPG | $24.35 | $48.50 | 99.18% | Buy |
| FRO | Frontline | $14.35 | $27.50 | 91.64% | Buy |
| TNK | Teekay Tankers | $39.75 | $76.00 | 91.19% | Buy |
| DHT | DHT | $9.45 | $14.50 | 53.44% | Buy |
| INSW | International Seaways | $36.92 | $56.00 | 51.68% | Buy |
| STNG | Scorpio Tankers Inc. 7.00% Seni | $49.77 | $72.75 | 46.17% | Buy |
| NVGS | Navigator | $15.28 | $22.00 | 43.98% | Buy |
| GLNG | Golar LNG | $42.80 | $51.17 | 19.56% | Buy |
| FLNG | FLEX LNG | $21.93 | $24.00 | 9.44% | Buy |
| LNG | Cheniere Energy | $210.49 | $210.33 | -0.08% | Buy |