GasLog LP. (NYSE:GLOG)‘s stock had its “buy” rating reissued by Jefferies Group LLC in a note issued to investors on Wednesday. They currently have a $20.00 price target on the shipping company’s stock. Jefferies Group LLC’s price target would suggest a potential upside of 15.94% from the stock’s current price.

GLOG has been the topic of a number of other reports. BidaskClub downgraded shares of GasLog LP. from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Zacks Investment Research downgraded shares of GasLog LP. from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. DNB Markets downgraded shares of GasLog LP. from a “buy” rating to a “hold” rating and set a $17.80 price target on the stock. in a research note on Wednesday, September 13th. Finally, Morgan Stanley upgraded shares of GasLog LP. from an “equal weight” rating to an “overweight” rating and set a $17.00 price target on the stock in a research note on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $18.98.

Shares of GasLog LP. (NYSE GLOG) traded up 1.47% during trading on Wednesday, reaching $17.25. 314,263 shares of the company traded hands. The stock’s market capitalization is $1.38 billion. The company has a 50-day moving average of $16.88 and a 200-day moving average of $15.52. GasLog LP. has a 12 month low of $12.75 and a 12 month high of $18.35.

GasLog LP. (NYSE:GLOG) last announced its quarterly earnings data on Thursday, August 3rd. The shipping company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The firm had revenue of $129.90 million for the quarter, compared to analyst estimates of $128.14 million. GasLog LP. had a return on equity of 0.50% and a net margin of 0.70%. The company’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.01) earnings per share. Analysts forecast that GasLog LP. will post $0.07 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently bought and sold shares of GLOG. Tudor Investment Corp ET AL acquired a new stake in shares of GasLog LP. in the 1st quarter valued at approximately $182,000. Cubist Systematic Strategies LLC raised its holdings in GasLog LP. by 23.4% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 12,656 shares of the shipping company’s stock valued at $193,000 after buying an additional 2,403 shares during the last quarter. QS Investors LLC bought a new position in GasLog LP. in the 2nd quarter valued at approximately $194,000. Ameriprise Financial Inc. bought a new position in GasLog LP. in the 2nd quarter valued at approximately $244,000. Finally, Capital Management Associates NY bought a new position in GasLog LP. in the 2nd quarter valued at approximately $290,000. Institutional investors own 48.51% of the company’s stock.

GasLog LP. Company Profile

GasLog Ltd. is an international owner, operator and manager of liquefied natural gas (LNG) carriers. The Company provides support to international energy companies as part of their LNG logistics chain. The Company’s owned consolidated fleet consists of 27 LNG carriers, including 22 ships in operation and five LNG carriers on order.

Analyst Recommendations for GasLog LP. (NYSE:GLOG)

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