JP Morgan has upgraded shares in GasLog suggesting the owner can keep its present dividend running through a sluggish market.
Analyst Noah Parquette raised the New York-listed company from underweight to neutral and introduced a higher target price of $14 per share.
Parquette said dividend payments would place stress on the GasLog balance sheet in 2017 and 2018, but suggested capital from dropdown deals with GasLog Partners would provide enough recycled capital.
