Tullow Oil plc Receives “Buy” Rating from Goodbody Stockbrokers Ltd (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “buy” rating restated by equities research analysts at Goodbody Stockbrokers Ltd in a research note issued to investors on Tuesday, Analyst Ratings Network reports.
Tullow Oil plc (LON:TLW) opened at 779.00 on Tuesday. Tullow Oil plc has a 1-year low of GBX 736.00 and a 1-year high of GBX 1270.00. The stock has a 50-day moving average of GBX 517.7 and a 200-day moving average of GBX 680.0. The company’s market cap is £7.079 billion.
The company also recently announced a dividend, which is scheduled for Friday, May 9th. Shareholders 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.
A number of other analysts have also recently weighed in on TLW. Analysts at Barclays reiterated an “overweight” rating on shares of Tullow Oil plc in a research note on Tuesday. Separately, analysts at Credit Suisse cut their price target on shares of Tullow Oil plc from GBX 1,025 ($17.05) to GBX 1,000 ($16.63) in a research note on Monday. They now have a “neutral” rating on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Tullow Oil plc in a research note on Friday. They now have a GBX 1,450 ($24.11) price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and fifteen have issued a buy rating to the company. Tullow Oil plc currently has an average rating of “Buy” and a consensus price target of GBX 1,144.99 ($19.04).
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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