Analyst Ratings for GasLog Ltd. (GLOG)Updated: 2017-07-28
An average rating of Buy has been given to GasLog Ltd. (NYSE:GLOG) by analysts covering the stock. A consensus rating of Buy was previously issued for GLOG last month.
A buy rating was issued by 14 analysts, 0 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 3 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for GLOG. The highest price target was 23, which equates to a potential upside of 27.07 percent. The lowest price target was 16, implying a possible loss of -11.6 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -103.33 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.99 percent. If we look at the last 90 days instead, we find a net average change of -39.94 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 4 analysts decreased their estimates.
GLOG has traded between a high of 18.20 and a low of 12.32 over the past year. Today's price is 46.92 percent above the 52-week low, and 0.55 percent below the high. GLOG has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The GLOG value stock report compares GLOG to some of its peers using value stock charts. The market cap of GLOG is $1.44 billion. GLOG will post this quarters earnings in days, on 0000-00-00.