Gastar Exploration (GST) Rating Increased to Buy at Seaport Global Securities
Gastar Exploration (NYSEAMERICAN:GST) was upgraded by equities research analysts at Seaport Global Securities from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday.
GST has been the topic of a number of other reports. ValuEngine cut shares of Gastar Exploration from a “sell” rating to a “strong sell” rating in a report on Monday, October 16th. Imperial Capital restated an “in-line” rating on shares of Gastar Exploration in a report on Tuesday, September 19th. Zacks Investment Research upgraded shares of Gastar Exploration from a “sell” rating to a “hold” rating in a report on Friday. Finally, KeyCorp restated a “hold” rating on shares of Gastar Exploration in a report on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $1.88.
Shares of Gastar Exploration (GST) traded up $0.06 during trading on Tuesday, reaching $0.97. 1,069,000 shares of the company’s stock traded hands, compared to its average volume of 1,802,378. Gastar Exploration has a one year low of $0.38 and a one year high of $2.19.
About Gastar Exploration
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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