GasLog Partners (NYSE:GLOP) Is A Stock That B.Riley FBR Seems to be Very Interested In

May 18, 2018 - By Vivian Park

GasLog Partners LP (NYSE:GLOP) Logo

Why Has B.Riley FBR Given GasLog Partners (NYSE:GLOP) a $26.0000 Price Target

Expert analysts at B.Riley FBR has initiated coverage on GasLog Partners (NYSE:GLOP) with a key “Hold” rating. The target price for GLOP is $26.0000. It would indicate a possible upside of 9.01 % from firm’s last stock close price.

GasLog Partners LP (NYSE:GLOP) Ratings Coverage

Among 2 analysts covering GasLog Partners (NYSE:GLOP), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. GasLog Partners has $28.0 highest and $25 lowest target. $26.50’s average target is 11.11% above currents $23.85 stock price. GasLog Partners had 2 analyst reports since December 18, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Monday, April 30 by Citigroup. The rating was initiated by Jefferies with “Buy” on Monday, December 18.

The stock decreased 1.24% or $0.3 during the last trading session, reaching $23.85. About 90,595 shares traded. GasLog Partners LP (NYSE:GLOP) has declined 1.90% since May 18, 2017 and is downtrending. It has underperformed by 13.45% the S&P500.

Analysts await GasLog Partners LP (NYSE:GLOP) to report earnings on July, 26. They expect $0.41 earnings per share, down 8.89 % or $0.04 from last year’s $0.45 per share. GLOP’s profit will be $17.93M for 14.54 P/E if the $0.41 EPS becomes a reality. After $0.59 actual earnings per share reported by GasLog Partners LP for the previous quarter, Wall Street now forecasts -30.51 % negative EPS growth.

GasLog Partners LP, a master limited partnership, focuses on owning, operating, and acquiring liquefied natural gas carriers under multi-year charters. The company has market cap of $1.04 billion. The firm has a fleet of nine LNG carriers with an average carrying capacity of approximately 149,500 cubic meters, each of which had a multi-year time charter. It has a 13.53 P/E ratio.

Another recent and important GasLog Partners LP (NYSE:GLOP) news was published by Seekingalpha.com which published an article titled: “GasLog’s (GLOP) CEO Andy Orekar on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018.

GasLog Partners LP (NYSE:GLOP) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.