GasLog LP. (NYSE:GLOG) Given Price Target Of $16.6


As per GasLog LP. (NYSE:GLOG)’s news release on 2016-08-05, its shareholders will get cash dividend of $0.14 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-15 and 2016-08-25, respectively.

The stock will commence trading ex-dividend from 2016-08-11, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year GasLog LP. (NYSE:GLOG) disbursed $0.14 in dividend compared to distribution of $0.14, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 12%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated GasLog LP. (NYSE:GLOG) to attain a price target of $16.6. It is an average estimate figure given by 5 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $20. The low price range is set at $13 for next year while the arithmetic mean is seen at 1.67.

Eyeing Earnings GasLog LP. (NYSE:GLOG) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.04 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, GasLog LP. (NYSE:GLOG) earnings came at $-0.01 suggesting a deviation of $0.05. The brokerages targeted EPS of $-0.06 for the quarter.

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