Gastar Exploration Receives a Hold from Imperial Capital

By Ryan Adsit

In a report released today, Jason Wangler from Imperial Capital reiterated a Hold rating on Gastar Exploration (NYSE MKT: GST), with a price target of $1.50. The company’s shares closed on Friday at $1.25.

According to TipRanks.com, Wangler is ranked 0 out of 5 stars with an average return of -5.9% and a 38.8% success rate. Wangler covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Solaris Oilfield Infrastructure Inc, and Dawson Geophysical Company.

Currently, the analyst consensus on Gastar Exploration is Hold and the average price target is $1.50, representing a 20.0% upside.

In a report issued on January 26, Williams Capital also reiterated a Hold rating on the stock with a $1.50 price target.

The company has a one-year high of $2.19 and a one-year low of $0.38. Currently, Gastar Exploration has an average volume of 1.26M.

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Gastar Exploration Inc. is an independent energy company, which is engaged in the exploration, development and production of oil, natural gas, condensate and natural gas liquids in the U. S. Its operates in Mid-Continent and Appalachia.