Brokerage Firm Rating Update on Gastar Exploration (GST)

Gastar Exploration (GST) : The consensus on Gastar Exploration (GST) based on 11 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Gastar Exploration (GST) : The consensus price target for Gastar Exploration (GST) is $1.76 for the short term with a standard deviation of $0.44. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $2, however, the pessimist price target for the company is $1.


For the current week, the company shares have a recommendation consensus of Buy. Also, Williams Capital Group initiates coverage on Gastar Exploration (NYSEMKT:GST). Williams Capital Group has a Hold rating on the shares. As per the latest report, the brokerage house announces the price target to $1 per share. The rating by the firm was issued on August 29, 2016.

Gastar Exploration (NYSEMKT:GST): The stock opened at $0.9599 and touched an intraday high of $1.04 on Wednesday. During the day, the stock corrected to an intraday low of $0.95, however, the bulls stepped in and pushed the price higher to close in the green at $0.995 with a gain of 5.37% for the day. The total traded volume for the day was 1,604,423. The stock had closed at $0.9443 in the previous trading session.

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