Golar LNG Limited (NASDAQ:GLNG) Receives Average Price Target of $50.13 from Analysts

Golar LNG Limited (NASDAQ:GLNG) has been rated as a "Moderate Buy" by six research firms that are covering the stock, according to recent reports. Out of these, two analysts have given it a hold rating, while four have provided a buy rating. The consensus price target for Golar LNG over the next year stands at $50.13.

Recently, several analysts have updated their perspectives on Golar LNG shares. For instance, Fearnley Fonds downgraded their recommendation from "strong-buy" to "hold" in a note published on November 13, 2023. Similarly, DNB Markets also changed their stance from a "buy" rating to "hold" on February 19, 2025. Meanwhile, StockNews.com assigned a "sell" rating to the stock on December 9, 2023. In contrast, Stifel Nicolaus adjusted their target price, raising it from $53.00 to $55.00, while maintaining a buy rating as of December 24, 2023.

Current Stock Performance

As of the last trading session, shares of Golar LNG opened at $38.27, indicating a decrease of 3.3%. The stock has seen a low of $19.94 and a high of $44.36 within the past year. The 50-day and 200-day simple moving averages for the stock are $41.37 and $38.10, respectively. The company has a market capitalization of $4.00 billion, a price-to-earnings ratio of 273.38, and a beta of 0.55.

Institutional Trading Activity

Recent institutional trading activities reveal significant movements in the ownership of Golar LNG. For example, Naria Inc. made a substantial investment during the fourth quarter, acquiring a new position worth approximately $435,226,000 in Golar LNG. Meanwhile, the Healthcare of Ontario Pension Plan Trust Fund increased its stake by 467.9% in the third quarter, now holding 2,237,000 shares worth about $82,232,000 after purchasing an additional 1,843,100 shares. Other noteworthy increases include Millennium Management LLC, which raised its holdings by 49.2% during the fourth quarter, and several other firms that took new positions in Golar LNG stock. Currently, institutional investors own approximately 92.21% of the company's shares.

About Golar LNG

Golar LNG Limited specializes in the design, conversion, ownership, and operation of marine infrastructure for liquefying natural gas. The company operates through various segments which include floating LNG (FLNG), Corporate and Other, and Shipping. Their operations cover regasification, storage, unloading of liquefied natural gas, management of LNG carriers, and activities related to floating liquefaction vessels or projects.

Golar, LNG, Analysts