Chariot Oil & Gas Limited (CHAR) Stock Rating Reaffirmed by FinnCap
Chariot Oil & Gas Limited (LON:CHAR)‘s stock had its “corporate” rating reissued by analysts at FinnCap in a research note issued to investors on Tuesday. They currently have a GBX 35 ($0.45) target price on the stock. FinnCap’s price objective suggests a potential upside of 194.61% from the stock’s current price.
Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 20 ($0.26) price target on shares of Chariot Oil & Gas Limited in a report on Tuesday.
Shares of Chariot Oil & Gas Limited (CHAR) opened at 10.00 on Tuesday. Chariot Oil & Gas Limited has a 12-month low of GBX 5.39 and a 12-month high of GBX 20.50. The company’s market cap is GBX 26.84 million. The firm has a 50 day moving average price of GBX 12.40 and a 200-day moving average price of GBX 13.47.
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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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