Chariot Oil & Gas Limited (CHAR) Receives Consensus Rating of “Hold” from Analysts
Chariot Oil & Gas Limited (LON:CHAR) has been given an average recommendation of “Hold” by the five research firms that are currently covering the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 15 ($0.19).
Several analysts have recently weighed in on the stock. Beaufort Securities reaffirmed a “speculative buy” rating on shares of Chariot Oil & Gas Limited in a report on Friday, June 17th. Peel Hunt reaffirmed a “buy” rating and set a GBX 15 ($0.19) price objective on shares of Chariot Oil & Gas Limited in a report on Tuesday, October 4th. Finally, FinnCap reaffirmed a “corporate” rating and set a GBX 35 ($0.43) price objective on shares of Chariot Oil & Gas Limited in a report on Wednesday, September 14th.
Shares of Chariot Oil & Gas Limited (LON:CHAR) traded down 1.352% during midday trading on Friday, hitting GBX 8.755. The stock had a trading volume of 472,012 shares. The stock has a 50-day moving average of GBX 7.78 and a 200 day moving average of GBX 7.44. The stock’s market cap is GBX 23.40 million. Chariot Oil & Gas Limited has a 52 week low of GBX 4.31 and a 52 week high of GBX 11.88.
Chariot Oil & Gas Limited Company Profile
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)).
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