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 most optimistic analyst gave a price target of 23, which equates to a potential upside of 27.07 percent. The most pessimistic price target was 16, which equates to a potential downside of -11.6 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -103.33 percent if we expand the time horizon to include the past 3 months instead of just one. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. The current market price is above the trailing year's low by 46.92 percent, and below the high by 0.55 percent. 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's next earnings release will be on 0000-00-00, which is days away.