Swedbank Initiates Golar LNG At Buy

Analysts at Swedbank initiated coverage on Golar LNG GLNG with a Buy rating. The target price for Golar LNG is set to $85. Golar LNG shares have jumped 60.64% over the past 52 weeks, while the S&P 500 index has surged 19.73% in the same period. Golar LNG's shares surged 4.04% to close at $61.35 yesterday.