Chariot Oil & Gas Limited Receives Sell Rating from Westhouse Securities (CHAR)
Chariot Oil & Gas Limited (LON:CHAR)‘s stock had its “sell” rating reiterated by investment analysts at Westhouse Securities in a note issued to investors on Friday. They currently have a GBX 17 ($0.29) price target on the stock. Westhouse Securities’ target price indicates a potential downside of 9.93% from the company’s current price.
A number of other firms have also recently commented on CHAR. Analysts at FinnCap reiterated a “corporate” rating on shares of Chariot Oil & Gas Limited in a research note on Friday. They now have a GBX 46 ($0.78) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Chariot Oil & Gas Limited in a research note on Wednesday, June 18th. They now have a GBX 30 ($0.51) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Chariot Oil & Gas Limited in a research note on Friday, June 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 34.86 ($0.59).
Shares of Chariot Oil & Gas Limited (LON:CHAR) opened at 19.4291 on Friday. Chariot Oil & Gas Limited has a 52 week low of GBX 16.25 and a 52 week high of GBX 29.50. The stock’s 50-day moving average is GBX 18.98 and its 200-day moving average is GBX 20.24.
Chariot Oil & Gas Limited (LON:CHAR) is an oil and gas exploration company with interests in Namibia.
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