Tullow Oil plc Given Outperform Rating at Sanford C. Bernstein (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “outperform” rating restated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Friday, Analyst RN reports. They currently have a GBX 1,450 ($24.30) target price on the stock. Sanford C. Bernstein’s target price suggests a potential upside of 84.95% from the company’s current price.
TLW has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Tullow Oil plc in a research note on Wednesday. They now have a GBX 1,150 ($19.27) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Tullow Oil plc in a research note on Thursday, February 13th. They now have a GBX 1,500 ($25.14) price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Tullow Oil plc from GBX 980 ($16.42) to GBX 950 ($15.92) in a research note on Thursday, February 13th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, eleven have given a hold rating and fifteen have issued a buy rating to the stock. Tullow Oil plc has an average rating of “Buy” and a consensus price target of GBX 1,162.27 ($19.48).
Shares of Tullow Oil plc (LON:TLW) opened at 784.00 on Friday. Tullow Oil plc has a 52-week low of GBX 736.00 and a 52-week high of GBX 1270.00. The stock’s 50-day moving average is GBX 528. and its 200-day moving average is GBX 686.9. The company’s market cap is £7.124 billion.
The company also recently announced a dividend, which is scheduled for Friday, May 9th. Investors of record on Wednesday, April 2nd will be paid a dividend of GBX 8 ($0.13) per share. This represents a dividend yield of 1.02%. The ex-dividend date is Wednesday, April 2nd.
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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