Chariot Oil & Gas (CHAR) Earns Hold Rating from Peel Hunt
Peel Hunt reiterated their hold rating on shares of Chariot Oil & Gas (LON:CHAR) in a research note issued to investors on Tuesday. Peel Hunt currently has a GBX 3 ($0.04) target price on the stock, down from their prior target price of GBX 12 ($0.16).
Separately, FinnCap restated a corporate rating on shares of Chariot Oil & Gas in a report on Wednesday, September 12th.
LON:CHAR opened at GBX 2.64 ($0.03) on Tuesday. Chariot Oil & Gas has a twelve month low of GBX 9.25 ($0.12) and a twelve month high of GBX 23.88 ($0.31).
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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