Gastar Exploration (GST) Receives Analyst Rating

Gastar Exploration (GST) : Zacks Investment Research ranks Gastar Exploration (GST) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2, which indicates as a Buy.

Gastar Exploration (GST) : 8 investment research analysts covering Gastar Exploration (GST) have an average price target of $1.76 for the near short term. The highest target price given by the Brokerage Firm to the stock is $2 and the lowest target is $1 for the short term. Analysts expect the variance to be within $0.44 of the average price.


Also, Williams Capital Group initiates coverage on Gastar Exploration (NYSEMKT:GST). The current rating of the shares is Hold, according to the research report released by the firm. The brokerage firm announces the price target at $1 per share. The rating by the firm was issued on August 29, 2016.

Gastar Exploration (NYSEMKT:GST): After opening at $0.9299, the stock dipped to an intraday low of $0.89 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $0.947 and the buying power remained strong till the end. The stock closed at $0.9299 for the day, a gain of 1.62% for the day session. The total traded volume was 765,236. The stocks close on the previous trading day was $0.9151.

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