Tullow Oil Given “Buy” Rating at Goodbody Stockbrokers Ltd (TLW)
Tullow Oil (LON:TLW)‘s stock had its “buy” rating reaffirmed by equities research analysts at Goodbody Stockbrokers Ltd in a research note issued to investors on Tuesday, American Banking and Market News reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Tullow Oil in a research note to investors on Monday. They now have a GBX 1,490 ($24.56) price target on the stock, down previously from GBX 1,510 ($24.88). Separately, analysts at Nomura raised their price target on shares of Tullow Oil from GBX 1,130 ($18.62) to GBX 1,170 ($19.28) in a research note to investors on Monday. They now have a “neutral” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Tullow Oil in a research note to investors on Wednesday, January 8th. They now have a GBX 975 ($16.07) price target on the stock. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,227.14 ($20.22).
Shares of Tullow Oil (LON:TLW) traded down 2.45% during mid-day trading on Tuesday, hitting GBX 856.4999. The stock had a trading volume of 2,745,561 shares. Tullow Oil has a one year low of GBX 818.00 and a one year high of GBX 1270.00. The stock’s 50-day moving average is GBX 556.1 and its 200-day moving average is GBX 766.1. The company’s market cap is £7.776 billion.
Tullow Oil plc (LON:TLW) is an independent oil and gas exploration and production company.
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