Numis Securities Ltd Reiterates Buy Rating for Chariot Oil & Gas Limited (CHAR)
Chariot Oil & Gas Limited (LON:CHAR)‘s stock had its “buy” rating restated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Wednesday. They currently have a GBX 30 ($0.51) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 64.11% from the stock’s previous close.
Shares of Chariot Oil & Gas Limited (LON:CHAR) opened at 18.8895 on Wednesday. Chariot Oil & Gas Limited has a 52 week low of GBX 16.25 and a 52 week high of GBX 29.50. The stock has a 50-day moving average of GBX 19.29 and a 200-day moving average of GBX 20.17.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a “sell” rating on shares of Chariot Oil & Gas Limited in a research note on Friday, June 13th. They now have a GBX 17 ($0.29) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Chariot Oil & Gas Limited in a research note on Friday, June 6th. Finally, analysts at FinnCap reiterated a “corporate” rating on shares of Chariot Oil & Gas Limited in a research note on Thursday, June 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 31.50 ($0.53).
Chariot Oil & Gas Limited (LON:CHAR) is an oil and gas exploration company with interests in Namibia.
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