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Gastar Exploration (NYSE:GST) has earned an average rating of “Buy” from the thirteen analysts that are covering the stock, AmericanBankingNews.com reports. Three equities research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $9.88.

A number of analysts have recently weighed in on GST shares. Analysts at Zacks upgraded shares of Gastar Exploration from a “neutral” rating to an “outperform” rating in a research note on Monday, August 11th. They now have a $7.80 price target on the stock. Separately, analysts at Wunderlich raised their price target on shares of Gastar Exploration from $11.00 to $12.00 in a research note on Monday, August 11th. They now have a “buy” rating on the stock. Finally, analysts at Topeka Capital Markets raised their price target on shares of Gastar Exploration from $9.00 to $11.00 in a research note on Tuesday, July 22nd. They now have a “buy” rating on the stock.

Gastar Exploration (NYSE:GST) opened at 7.86 on Wednesday. Gastar Exploration has a one year low of $3.15 and a one year high of $9.10. The stock has a 50-day moving average of $7.43 and a 200-day moving average of $6.96. The company’s market cap is $485.7 million.

Gastar Exploration (NYSE:GST) last announced its earnings results on Thursday, August 7th. The company reported $0.03 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.01. The company had revenue of $35.90 million for the quarter, compared to the consensus estimate of $33.18 million. During the same quarter last year, the company posted $0.81 earnings per share. Gastar Exploration’s revenue was up 16.2% compared to the same quarter last year. Analysts expect that Gastar Exploration will post $0.25 EPS for the current fiscal year.

Gastar Exploration Ltd (NYSE:GST) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States.

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