Gastar Exploration (GST) Given a $1.00 Price Target by Williams Capital Analysts

Gastar Exploration (NYSEAMERICAN:GST) has been assigned a $1.00 price target by stock analysts at Williams Capital in a research report issued to clients and investors on Friday, May 11th. The firm presently has a “hold” rating on the energy company’s stock. Williams Capital’s price target suggests a potential upside of 33.33% from the company’s current price.

A number of other equities analysts have also recently weighed in on the stock. UBS raised shares of Gastar Exploration from a “hold” rating to a “buy” rating in a research note on Thursday, February 15th. Zacks Investment Research raised shares of Gastar Exploration from a “hold” rating to a “buy” rating and set a $1.50 price target on the stock in a research note on Wednesday, January 17th. Imperial Capital upped their price target on shares of Gastar Exploration from $1.00 to $1.50 and gave the stock an “in-line” rating in a research note on Friday, January 26th. Finally, Eurobank EFG raised shares of Gastar Exploration from a “hold” rating to a “speculative buy” rating and set a $1.50 price target on the stock in a research note on Thursday, February 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $1.38.

Shares of NYSEAMERICAN:GST opened at $0.75 on Friday. Gastar Exploration has a twelve month low of $0.73 and a twelve month high of $0.75.

Gastar Exploration (NYSEAMERICAN:GST) last released its quarterly earnings results on Thursday, May 10th. The energy company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The company had revenue of $20.91 million for the quarter, compared to analysts’ expectations of $20.02 million.

A number of large investors have recently added to or reduced their stakes in GST. Squar Milner Financial Services LLC purchased a new position in shares of Gastar Exploration during the 4th quarter worth about $113,000. The Manufacturers Life Insurance Company increased its position in Gastar Exploration by 117.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 145,157 shares of the energy company’s stock worth $153,000 after purchasing an additional 78,492 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in Gastar Exploration by 424.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 165,675 shares of the energy company’s stock worth $174,000 after purchasing an additional 134,100 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in Gastar Exploration by 37.5% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 497,432 shares of the energy company’s stock worth $340,000 after purchasing an additional 135,600 shares in the last quarter. Finally, Deutsche Bank AG increased its position in Gastar Exploration by 122.1% during the 4th quarter. Deutsche Bank AG now owns 402,823 shares of the energy company’s stock worth $421,000 after purchasing an additional 221,437 shares in the last quarter.

Gastar Exploration Company Profile

Gastar Exploration Inc, an independent energy company, engages in the exploration, development and production of oil, condensate, natural gas, and natural gas liquids in the United States. Its principal activities include the identification, acquisition, exploration, and development of oil and natural gas properties on unconventional reserves, such as shale resource plays.

Analyst Recommendations for Gastar Exploration (NYSEAMERICAN:GST)

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