Chariot Oil & Gas Receives Consensus Rating of “Hold” from Analysts (LON:CHAR)
Shares of Chariot Oil & Gas (LON:CHAR) have earned a consensus recommendation of “Hold” from the eleven analysts that are currently covering the company, Analyst Ratings Network.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 31.03 ($0.52).
Shares of Chariot Oil & Gas (LON:CHAR) remained flat at GBX 21.50 during during mid-day trading trading on Friday. 26,948 shares of the company’s stock traded hands. Chariot Oil & Gas has a 1-year low of GBX 16.25 and a 1-year high of GBX 26.00. The stock’s 50-day moving average is GBX 18.50 and its 200-day moving average is GBX 18.81.
CHAR has been the subject of a number of recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Chariot Oil & Gas in a research note on Friday, February 14th. They now have a GBX 50 ($0.84) 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 on Thursday, February 13th. They now have a GBX 17 ($0.28) price target on the stock. Finally, 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 ($0.34) price target on the stock.
Chariot Oil & Gas Limited (LON:CHAR) is a Guernsey-based oil and gas exploration company with interests in Namibia.
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