Chariot Oil & Gas Given “Hold” Rating at Canaccord Genuity (CHAR)
Chariot Oil & Gas (LON:CHAR)‘s stock had its “hold” rating restated by research analysts at Canaccord Genuity in a report released on Wednesday, AnalystRatingsNetwork.com reports. They currently have a GBX 20 ($0.33) target price on the stock. Canaccord Genuity’s target price would indicate a potential upside of 8.11% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at FinnCap reiterated a “corporate” rating on shares of Chariot Oil & Gas in a research note to investors on Tuesday, January 7th. They now have a GBX 27 ($0.44) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Chariot Oil & Gas in a research note to investors on Wednesday, November 13th. They now have a GBX 17 ($0.28) price target on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 30.89 ($0.51).
Shares of Chariot Oil & Gas (LON:CHAR) remained flat at GBX 18.50 during during mid-day trading trading on Wednesday. The stock had a trading volume of 52,050 shares. Chariot Oil & Gas has a one year low of GBX 16.25 and a one year high of GBX 35.75. The stock’s 50-day moving average is GBX 18.27 and its 200-day moving average is GBX 18.8.
Chariot Oil & Gas Limited (LON:CHAR) is a Guernsey-based oil and gas exploration company with interests in Namibia.
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