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Analysts at Topeka Capital Markets boosted their price target on shares of Gastar Exploration (NYSE:GST) from $9.00 to $11.00 in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. Topeka Capital Markets’ target price would suggest a potential upside of 35.64% from the stock’s previous close.

GST has been the subject of a number of other recent research reports. Analysts at Eurobank EFG downgraded shares of Gastar Exploration to a “speculative buy” rating in a research note on Friday. Separately, analysts at Canaccord Genuity initiated coverage on shares of Gastar Exploration in a research note on Wednesday, July 16th. They set a “buy” rating and a $12.00 price target on the stock. Finally, analysts at Imperial Capital raised their price target on shares of Gastar Exploration from $8.00 to $12.00 in a research note on Tuesday, June 24th. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $10.00.

Gastar Exploration (NYSE:GST) traded up 1.97% during mid-day trading on Tuesday, hitting $8.27. 229,513 shares of the company’s stock traded hands. Gastar Exploration has a 52 week low of $2.60 and a 52 week high of $9.10. The stock has a 50-day moving average of $8.0 and a 200-day moving average of $6.7. The company has a market cap of $511.2 million and a P/E ratio of 11.26.

Gastar Exploration (NYSE:GST) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.02. The company had revenue of $32.33 million for the quarter, compared to the consensus estimate of $32.24 million. Analysts expect that Gastar Exploration will post $0.25 EPS for the current fiscal year.

Gastar Exploration Ltd (NYSE:GST) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States.

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