Chariot Oil & Gas Limited Given Consensus Recommendation of “Hold” by Brokerages (LON:CHAR)
Shares of Chariot Oil & Gas Limited (LON:CHAR) have earned a consensus rating of “Hold” from the ten ratings firms that are covering the stock, AnalystRatingsNetwork.com reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 30 ($0.50).
Chariot Oil & Gas Limited (LON:CHAR) traded up 1.05% during mid-day trading on Friday, hitting GBX 15.915. The stock had a trading volume of 132,906 shares. Chariot Oil & Gas Limited has a one year low of GBX 15.00 and a one year high of GBX 29.50. The stock has a 50-day moving average of GBX 17.57 and a 200-day moving average of GBX 20.00.
A number of analysts have recently weighed in on CHAR shares. Analysts at Canaccord Genuity cut their price target on shares of Chariot Oil & Gas Limited from GBX 20 ($0.34) to GBX 15 ($0.25) in a research note on Wednesday, July 23rd. They now have a “hold” rating 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 Wednesday, July 23rd. Finally, analysts at Northland Capital Partners cut their price target on shares of Chariot Oil & Gas Limited from GBX 40.50 ($0.68) to GBX 28 ($0.47) in a research note on Wednesday, July 23rd. They now have a “buy” rating on the stock.
Chariot Oil & Gas Limited (LON:CHAR) is an oil and gas exploration company with interests in Namibia.
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