Chariot Oil & Gas Rating Increased to Hold at Seymour Pierce (CHAR)

Chariot Oil & Gas (LON: CHAR) was upgraded by Seymour Pierce to a “hold” rating in a research note issued on Wednesday. The firm currently has a $0.32 (21 GBX) price target on the stock.

A number of other firms have also recently commented on CHAR. Analysts at Northland Capital reiterated a “buy” rating on shares of Chariot Oil & Gas in a research note to investors on Wednesday. Separately, analysts at Canaccord Genuity cut their price target on shares of Chariot Oil & Gas from $0.45 to $0.30 in a research note to investors on Monday. They now have a “hold” rating on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of Chariot Oil & Gas in a research note to investors on Friday, March 1st. They now have a $0.47 price target on the stock.

Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Chariot Oil & Gas presently has an average rating of “Hold” and a consensus price target of $0.43 (28 GBX).

Chariot Oil & Gas (LON: CHAR) traded up 3.95% during mid-day trading on Wednesday, hitting GBX 19.75. Chariot Oil & Gas has a 1-year low of GBX 19.706 and a 1-year high of GBX 208.83. The stock’s 50-day moving average is currently GBX 65.61.

Chariot Oil & Gas Limited (LON: CHAR) is a Guernsey-based oil and gas exploration company with interests in Namibia.

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