Chariot Oil & Gas Limited Receives Corporate Rating from FinnCap (CHAR)
Chariot Oil & Gas Limited (LON:CHAR)‘s stock had its “corporate” rating restated by FinnCap in a research note issued on Wednesday. They currently have a GBX 42 ($0.70) target price on the stock. FinnCap’s price target suggests a potential upside of 158.46% from the stock’s previous close.
Chariot Oil & Gas Limited (LON:CHAR) remained flat at GBX 16.25 during during mid-day trading trading on Wednesday. The stock had a trading volume of 150,116 shares. Chariot Oil & Gas Limited has a 52 week low of GBX 15.00 and a 52 week high of GBX 29.50. The stock’s 50-day moving average is GBX 17.34 and its 200-day moving average is GBX 19.99.
A number of other analysts have also recently weighed in on CHAR. 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. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 28.13 ($0.47).
Chariot Oil & Gas Limited (LON:CHAR) is an oil and gas exploration company with interests in Namibia.
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