Gastar Exploration Inc (GST) Receives Average Recommendation of “Hold” from Brokerages
Shares of Gastar Exploration Inc (NYSEMKT:GST) have been given an average rating of “Hold” by the nine brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $2.06.
GST has been the subject of several research analyst reports. ValuEngine lowered shares of Gastar Exploration from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Imperial Capital reaffirmed an “in-line” rating on shares of Gastar Exploration in a research report on Tuesday, September 19th.
Shares of Gastar Exploration (NYSEMKT GST) traded down 2.1404% during mid-day trading on Wednesday, hitting $0.7041. 611,537 shares of the stock were exchanged. The stock’s market cap is $140.50 million. The company has a 50-day moving average of $0.73 and a 200 day moving average of $0.93. Gastar Exploration has a one year low of $0.38 and a one year high of $2.19.
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Gastar Exploration Company Profile
Gastar Exploration Ltd (Gastar) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States. The Company’s principal business activities include the identification, acquisition, and subsequent exploration and development of natural gas and oil properties with an emphasis on unconventional reserves, such as shale resource plays.
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