Chariot Oil & Gas Limited Receives Buy Rating from Northland Capital Partners (CHAR)
Chariot Oil & Gas Limited (LON:CHAR)‘s stock had its “buy” rating reissued by investment analysts at Northland Capital Partners in a note issued to investors on Thursday. They currently have a GBX 28 ($0.46) price objective on the stock. Northland Capital Partners’ price target points to a potential upside of 76.66% from the stock’s previous close.
A number of other firms have also recently commented on CHAR. Analysts at Northland Securities reiterated a “buy” rating on shares of Chariot Oil & Gas Limited in a research note on Thursday. They now have a GBX 28 ($0.46) 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 Thursday. They now have a GBX 46 ($0.76) price target on the stock, up previously from GBX 42 ($0.70). Finally, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Chariot Oil & Gas Limited in a research note on Thursday, August 21st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 28.63 ($0.47).
Chariot Oil & Gas Limited (LON:CHAR) remained flat at GBX 16.00 during trading on Thursday. The stock had a trading volume of 950,934 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 has a 50-day moving average of GBX 16.80 and a 200-day moving average of GBX 19.94.
Chariot Oil & Gas Limited (LON:CHAR) is an oil and gas exploration company with interests in Namibia.
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