Golar LNG was downgraded to “hold” by Fearnley Securities on Wednesday.
Analyst Fredrik Dybwad believes the Tor Olav Troim-controlled company is “fairly valued”.
“We downgrade GLNG to hold based on the current tight pricing to our NAV [net asset value] estimate of $35 per share (excluding Mk II),” Dybwad said in a note.
