FinnCap Raises Chariot Oil & Gas (CHAR) Price Target to GBX 41

Chariot Oil & Gas (LON:CHAR) had its target price raised by equities research analysts at FinnCap from GBX 37 ($0.48) to GBX 41 ($0.54) in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports. The firm currently has a “corporate” rating on the stock.

Separately, Peel Hunt reiterated a “hold” rating on shares of Chariot Oil & Gas in a research note on Wednesday, April 10th.

LON:CHAR opened at GBX 5.17 ($0.07) on Thursday. Chariot Oil & Gas has a fifty-two week low of GBX 2.05 ($0.03) and a fifty-two week high of GBX 11.45 ($0.15). The stock has a market capitalization of $18.98 million and a PE ratio of -1.18.

Chariot Oil & Gas 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)).

See Also: How to Invest in the Dividend Aristocrat Index

Receive News & Ratings for Chariot Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chariot Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.