Gastar Exploration Inc (GST) Receives Consensus Rating of “Hold” from Analysts

Gastar Exploration Inc (NYSEAMERICAN:GST) has earned a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $1.81.

Several research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Gastar Exploration from a “buy” rating to a “hold” rating in a report on Thursday. Seaport Global Securities upgraded shares of Gastar Exploration from a “neutral” rating to a “buy” rating in a report on Tuesday, December 19th. KeyCorp restated a “hold” rating on shares of Gastar Exploration in a report on Monday, November 13th. Finally, ValuEngine lowered shares of Gastar Exploration from a “sell” rating to a “strong sell” rating in a report on Monday, October 16th.

Gastar Exploration (NYSEAMERICAN GST) opened at $1.27 on Monday. The stock has a market cap of $284.62, a P/E ratio of -5.29 and a beta of 3.48. Gastar Exploration has a fifty-two week low of $0.38 and a fifty-two week high of $2.19.

Gastar Exploration (NYSEAMERICAN:GST) last issued its quarterly earnings data on Wednesday, November 8th. The energy company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). The company had revenue of $15.30 million for the quarter, compared to analyst estimates of $20.06 million. Gastar Exploration’s revenue was up 17.7% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.08) EPS.

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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.

Analyst Recommendations for Gastar Exploration (NYSEAMERICAN:GST)

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