Gastar Exploration (NYSEAMERICAN:GST) Upgrade of Rating
Seaport Global Securities gave Gastar Exploration (NYSEAMERICAN:GST) shares a new Buy rating in a note sent to investors and clients on Tuesday morning. This is increase from the last Neutral rating.
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Out of 9 brokers covering Gastar Exploration, 8 rate it a Buy, 6 indicate a Hold while 0 suggest a Sell. The highest target is $3.25 and the lowest is $1 according to Thomson/First Call. The 12-month mean target is $1.84, which means upside potential of 84.00% over the current price.
Gastar Exploration (NYSEAMERICAN:GST) traded up 2.85% on 19 December, hitting $1. A total of 1.06 million shares of the company’s stock traded hands. This is down from average of 1.23 million shares. Gastar Exploration has a 52 week low of $0.38 and a 52 week high of $2.19. The company has a market cap of $213.47 million and a P/E ratio of 0.
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The post Analysts at Seaport Global Securities Upped Gastar Exploration (NYSEAMERICAN:GST) from Neutral to Buy Rating appeared first on Octafinance.
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