Danske Bank has upgraded shares in GasLog after the shipowner took a beating alongside the wider market in the final month of 2015.
Analyst Bjorn Kristian Roed raised the Peter Livanos-led company from hold to buy suggesting the present trading price represents an attractive entry point.
Roed has also boosted his target price from $12 to $15 per share, branding the pre-Christmas tumble unjustified.
“GasLog