Seaport Global Securities upgraded shares of Gastar Exploration (NYSEAMERICAN:GST) from a neutral rating to a buy rating in a research report sent to investors on Tuesday morning.

GST has been the topic of several other research reports. Imperial Capital began coverage on Gastar Exploration in a report on Tuesday, September 19th. They set an in-line rating and a $1.00 target price on the stock. KeyCorp reiterated a hold rating on shares of Gastar Exploration in a report on Monday, November 13th. Zacks Investment Research lowered Gastar Exploration from a hold rating to a sell rating in a report on Tuesday, November 21st. Finally, ValuEngine lowered Gastar Exploration from a sell rating to a strong sell rating in a research note on Monday, October 16th. One 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’s stock. The stock presently has an average rating of Hold and an average price target of $1.88.

Gastar Exploration (NYSEAMERICAN:GST) opened at $1.00 on Tuesday. Gastar Exploration has a 52-week low of $0.38 and a 52-week high of $2.19.

Gastar Exploration (NYSEAMERICAN:GST) last posted its quarterly earnings data on Wednesday, November 8th. The energy company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The firm had revenue of $15.30 million during the quarter, compared to the consensus estimate of $20.06 million. Gastar Exploration’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.08) earnings per share.

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Gastar Exploration Company Profile

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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