Tullow Oil Stock Rating Reaffirmed by AlphaValue (TLW)
Tullow Oil (LON:TLW)‘s stock had its “sell” rating reaffirmed by stock analysts at AlphaValue in a report issued on Thursday, Analyst Ratings Net reports. They currently have a GBX 860 ($13.73) price objective on the stock. AlphaValue’s price target indicates a potential downside of 14.09% from the stock’s previous close.
A number of other analysts have also recently weighed in on TLW. Analysts at Societe Generale reiterated a “hold” rating on shares of Tullow Oil in a research note to investors on Thursday, October 10th. They now have a GBX 1,125 ($17.96) price target on the stock. Separately, analysts at Nomura cut their price target on shares of Tullow Oil from GBX 1,220 ($19.48) to GBX 1,130 ($18.04) in a research note to investors on Wednesday, October 2nd. They now have a “neutral” rating on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Tullow Oil in a research note to investors on Tuesday, October 1st. They now have a GBX 1,285 ($20.51) price target on the stock. Three investment 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 a consensus price target of GBX 1,831.07 ($29.23).
Tullow Oil (LON:TLW) opened at 981.0001 on Thursday. 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 £8.906 billion.
Tullow Oil plc (LON:TLW) is an independent oil and gas exploration and production company.
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