Chariot Oil & Gas’s “Sell” Rating Reaffirmed at Cantor Fitzgerald Europe (CHAR)
Chariot Oil & Gas (LON:CHAR)‘s stock had its “sell” rating restated by stock analysts at Cantor Fitzgerald Europe in a report issued on Thursday, StockRatingsNetwork reports. They currently have a GBX 17 ($0.28) target price on the stock. Cantor Fitzgerald Europe’s target price points to a potential downside of 18.07% from the company’s current price.
Shares of Chariot Oil & Gas (LON:CHAR) opened at 19.25 on Thursday. Chariot Oil & Gas has a one year low of GBX 16.25 and a one year high of GBX 31.00. The stock’s 50-day moving average is GBX 18.18 and its 200-day moving average is GBX 18.69.
CHAR has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Chariot Oil & Gas in a research note on Wednesday, January 15th. They now have a GBX 20 ($0.33) price target on the stock. Analysts at FinnCap reiterated a “corporate” rating on shares of Chariot Oil & Gas in a research note on Tuesday, January 7th. They now have a GBX 27 ($0.44) price target on the stock. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 30.89 ($0.51).
Chariot Oil & Gas Limited (LON:CHAR) is a Guernsey-based oil and gas exploration company with interests in Namibia.
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