Tullow Oil’s “Buy” Rating Reaffirmed at Beaufort Securities (TLW)
Tullow Oil (LON:TLW)‘s stock had its “buy” rating reaffirmed by research analysts at Beaufort Securities in a report released on Friday, StockRatingsNetwork reports.
Shares of Tullow Oil (LON:TLW) traded down 1.41% during mid-day trading on Friday, hitting GBX 1046.00. 771,595 shares of the company’s stock traded hands. Tullow Oil has a 52-week low of GBX 931.0001 and a 52-week high of GBX 1485.00. The stock’s 50-day moving average is GBX 1045. and its 200-day moving average is GBX 1080.. The company’s market cap is £9.497 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Davy Research reiterated an “outperform” rating on shares of Tullow Oil (LON:TLW) in a research note to investors on Thursday. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Tullow Oil (LON:TLW) in a research note to investors on Thursday. They now have a GBX 1,125 ($18.02) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Tullow Oil (LON:TLW) in a research note to investors on Thursday. They now have a GBX 1,161 ($18.60) price target on the stock. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 1,835.35 ($29.40).
Tullow Oil plc (LON:TLW) is an independent oil and gas exploration and production company.
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