Chariot Oil & Gas Limited (CHAR) Earns “Buy” Rating from Peel Hunt
Chariot Oil & Gas Limited (LON:CHAR)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a research report issued on Tuesday. They presently have a GBX 15 ($0.20) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 59.49% from the company’s previous close.
Several other research analysts have also recently issued reports on the stock. FinnCap restated a “corporate” rating and issued a GBX 35 ($0.46) target price on shares of Chariot Oil & Gas Limited in a report on Wednesday, September 14th. Beaufort Securities restated a “speculative buy” rating on shares of Chariot Oil & Gas Limited in a report on Friday, June 17th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 15 ($0.20).
Shares of Chariot Oil & Gas Limited (LON:CHAR) opened at 9.00 on Tuesday. The company’s market cap is GBX 24.05 million. Chariot Oil & Gas Limited has a 1-year low of GBX 4.31 and a 1-year high of GBX 11.88. The stock has a 50 day moving average of GBX 6.99 and a 200 day moving average of GBX 7.27.
About Chariot Oil & Gas Limited
Chariot Oil & Gas Limited is an oil and gas exploration company. The Company has two reportable segments: exploration for oil and gas, and corporate costs. The Company has interests in approximately two licenses offshore Morocco; Rabat Deep (approximately 50% (operator), 25% Woodside, 25% Office National des Hydrocarbures et des Mines (ONHYM) (carried interest), and Mohammedia (approximately 75% Chariot (operator), 25% ONHYM (carried interest)).
Receive News & Stock Ratings for Chariot Oil & Gas Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chariot Oil & Gas Limited and related stocks with our FREE daily email newsletter.