Chariot Oil & Gas Limited (CHAR) Rating Reiterated by FinnCap
Chariot Oil & Gas Limited (LON:CHAR)‘s stock had its “corporate” rating restated by stock analysts at FinnCap in a report released on Thursday. They currently have a GBX 35 ($0.45) price objective on the stock. FinnCap’s price objective indicates a potential upside of 211.11% from the company’s current price.
Separately, Peel Hunt reaffirmed an “add” rating and set a GBX 20 ($0.26) target price on shares of Chariot Oil & Gas Limited in a research note on Monday, June 5th.
Shares of Chariot Oil & Gas Limited (LON:CHAR) opened at 11.25 on Thursday. The company has a 50 day moving average of GBX 11.88 and a 200 day moving average of GBX 13.54. Chariot Oil & Gas Limited has a 52-week low of GBX 5.58 and a 52-week high of GBX 20.50. The stock’s market capitalization is GBX 30.19 million.
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)).
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