Tullow Oil PT Raised to GBX 1,170 (TLW)
Nomura hoisted their price target on shares of Tullow Oil (LON:TLW) from GBX 1,130 ($18.62) to GBX 1,170 ($19.28) in a research note issued on Monday, StockRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. Nomura’s target price points to a potential upside of 28.93% from the stock’s previous close.
A number of other firms have also recently commented on TLW. 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. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Tullow Oil in a research note to investors on Friday, December 27th. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Tullow Oil in a research note to investors on Thursday, December 19th. They now have a GBX 1,510 ($24.88) price target on the stock. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have issued a buy rating to the company. Tullow Oil presently has an average rating of “Buy” and a consensus price target of GBX 1,206.54 ($19.88).
Tullow Oil (LON:TLW) opened at 906.4999 on Monday. Tullow Oil has a 52-week low of GBX 818.00 and a 52-week high of GBX 1270.00. The stock’s 50-day moving average is GBX 580.2 and its 200-day moving average is GBX 760.9. The company’s market cap is £8.230 billion.
Tullow Oil plc (LON:TLW) is an independent oil and gas exploration and production company.
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