Gastar Exploration Inc (GST) Given Average Recommendation of “Hold” by Analysts

Gastar Exploration Inc (NYSEMKT:GST) has earned a consensus rating of “Hold” from the seven analysts that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $2.06.

A number of equities analysts recently commented on the company. Imperial Capital reaffirmed an “in-line” rating on shares of Gastar Exploration in a research note on Tuesday, September 19th. ValuEngine raised Gastar Exploration from a “strong sell” rating to a “sell” rating in a research note on Monday, October 2nd.

Shares of Gastar Exploration (NYSEMKT:GST) traded up 5.35% on Wednesday, reaching $0.79. 713,677 shares of the company traded hands. The company’s market capitalization is $157.64 million. The firm’s 50 day moving average is $0.75 and its 200 day moving average is $0.90. Gastar Exploration has a one year low of $0.38 and a one year high of $2.19.

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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 (NYSEMKT:GST)

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