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Chariot Oil & Gas Limited (LON:CHAR) has received an average recommendation of “Hold” from the ten ratings firms that are covering the stock, Analyst Ratings News reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 30 ($0.50).

Shares of Chariot Oil & Gas Limited (LON:CHAR) opened at 16.25 on Friday. Chariot Oil & Gas Limited has a 52-week low of GBX 15.00 and a 52-week high of GBX 29.50. The stock has a 50-day moving average of GBX 17.37 and a 200-day moving average of GBX 20.00.

CHAR has been the subject of a number of recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Chariot Oil & Gas Limited from GBX 20 ($0.33) 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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