Chariot Oil & Gas Limited’s Hold Rating Reiterated at Cantor Fitzgerald Europe (CHAR)
Chariot Oil & Gas Limited (LON:CHAR)‘s stock had its “hold” rating restated by analysts at Cantor Fitzgerald Europe in a research report issued to clients and investors on Wednesday. They currently have a GBX 15 ($0.25) price objective on the stock. Cantor Fitzgerald Europe‘s price objective would suggest a potential downside of 7.69% from the company’s current price.
Shares of Chariot Oil & Gas Limited (LON:CHAR) opened at 16.25 on Wednesday. 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 17.34 and a 200-day moving average of GBX 19.99.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a “sell” rating on shares of Chariot Oil & Gas Limited in a research note on Wednesday. They now have a GBX 17 ($0.28) price target on the stock. Separately, analysts at FinnCap reiterated a “corporate” rating on shares of Chariot Oil & Gas Limited in a research note on Wednesday. They now have a GBX 42 ($0.70) price target on the stock. Finally, 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. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. Chariot Oil & Gas Limited presently has an average 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.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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