Tullow Oil plc Rating Reiterated by Barclays (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays in a research report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 1,500 ($24.61) price target on the stock. Barclays’ price objective indicates a potential upside of 97.76% from the stock’s previous close.
A number of other firms have also recently commented on TLW. Analysts at Deutsche Bank cut their price target on shares of Tullow Oil plc from GBX 980 ($16.08) to GBX 950 ($15.59) in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Thursday. Finally, analysts at Killik & Co reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Wednesday. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 1,173.63 ($19.26).
Tullow Oil plc (LON:TLW) traded down 4.29% on Thursday, hitting GBX 758.50. 8,997,806 shares of the company’s stock traded hands. Tullow Oil plc has a 1-year low of GBX 9.62 and a 1-year high of GBX 1270.00. The stock has a 50-day moving average of GBX 571.1 and a 200-day moving average of GBX 709.7. The company’s market cap is £6.886 billion.
Tullow Oil plc (LON:TLW) is an United Kingdom -based company engaged in oil and gas exploration, development and production and the sale of hydrocarbons and related activities.
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