Tullow Oil Rating Reiterated by Numis Securities Ltd (TLW)
Tullow Oil (LON:TLW)‘s stock had its “hold” rating reiterated by research analysts at Numis Securities Ltd in a report released on Monday, StockRatingsNetwork.com reports. They currently have a GBX 952 ($15.65) price target on the stock. Numis Securities Ltd’s price target points to a potential upside of 20.43% from the company’s current price.
Tullow Oil (LON:TLW) traded down 0.70% during mid-day trading on Monday, hitting GBX 785.00. The stock had a trading volume of 1,604,364 shares. Tullow Oil has a 52 week low of GBX 808.50 and a 52 week high of GBX 1270.00. The stock has a 50-day moving average of GBX 464.8 and a 200-day moving average of GBX 714.2. The company’s market cap is £7.127 billion.
TLW has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a “hold” rating on shares of Tullow Oil in a research note to investors on Monday. They now have a GBX 960 ($15.78) price target on the stock. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Tullow Oil in a research note to investors on Wednesday, January 29th. They now have a GBX 1,285 ($21.12) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Tullow Oil in a research note to investors on Monday, January 27th. They now have a GBX 1,367 ($22.47) price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 1,183.57 ($19.45).
Tullow Oil plc (LON:TLW) is an independent oil and gas exploration and production company.
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