Chariot Oil & Gas Rating Reiterated by Jefferies Group (CHAR)
Chariot Oil & Gas (LON:CHAR)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a report released on Friday, American Banking News reports. They currently have a GBX 50 ($0.79) target price on the stock. Jefferies Group’s price target would indicate a potential upside of 170.27% from the stock’s previous close.
Shares of Chariot Oil & Gas (LON:CHAR) traded up 1.35% during mid-day trading on Friday, hitting GBX 18.75. The stock had a trading volume of 837,805 shares. Chariot Oil & Gas has a one year low of GBX 16.213 and a one year high of GBX 35.75. The stock’s 50-day moving average is GBX 19.70 and its 200-day moving average is GBX 19.43.
Several other analysts have also recently commented on the stock. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Chariot Oil & Gas (LON:CHAR) in a research note to investors on Friday. They now have a GBX 41 ($0.65) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of Chariot Oil & Gas (LON:CHAR) in a research note to investors on Tuesday, September 10th.
One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. Chariot Oil & Gas presently has a consensus rating of “Hold” and a consensus target price of GBX 30.11 ($0.48).
Chariot Oil & Gas Limited (LON:CHAR) is a Guernsey-based oil and gas exploration company with interests in Namibia.
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