Tullow Oil Rating Reiterated by Davy Research (TLW)
Tullow Oil (LON:TLW)‘s stock had its “outperform” rating reiterated by investment analysts at Davy Research in a note issued to investors on Tuesday, StockRatingsNetwork reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue reiterated a “sell” rating on shares of Tullow Oil in a research note to investors on Thursday, October 17th. They now have a GBX 860 ($13.91) price target on the stock. Separately, 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 ($18.20) price target on the stock. Three analysts have rated the stock with a sell rating, ten have given a hold rating and fifteen have assigned a buy rating to the company’s stock. Tullow Oil currently has an average rating of “Hold” and an average price target of GBX 1,831.07 ($29.62).
Shares of Tullow Oil (LON:TLW) traded down 3.57% during mid-day trading on Tuesday, hitting GBX 943.587. The stock had a trading volume of 1,240,784 shares. Tullow Oil has a 1-year low of GBX 931.0001 and a 1-year high of GBX 1456.00. The stock’s 50-day moving average is GBX 950.7 and its 200-day moving average is GBX 1028.31. The company’s market cap is £8.567 billion.
Tullow Oil plc (LON:TLW) is an independent oil and gas exploration and production company.
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