Tullow Oil plc Rating Reiterated by Westhouse Securities (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “buy” rating reaffirmed by equities research analysts at Westhouse Securities in a research note issued to investors on Friday, Stock Ratings News reports. They currently have a GBX 940 ($15.79) target price on the stock. Westhouse Securities’ target price suggests a potential upside of 11.97% from the stock’s previous close.
Shares of Tullow Oil plc (LON:TLW) opened at 839.54 on Friday. Tullow Oil plc has a 52 week low of GBX 736.00 and a 52 week high of GBX 1127.00. The stock has a 50-day moving average of GBX 504.7 and a 200-day moving average of GBX 559.7. The company’s market cap is £7.629 billion.
A number of other firms have also recently commented on TLW. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Tullow Oil plc in a research note on Tuesday. They now have a GBX 1,000 ($16.80) price target on the stock. Separately, analysts at Investec cut their price target on shares of Tullow Oil plc from GBX 925 ($15.54) to GBX 855 ($14.36) in a research note on Wednesday, April 16th. They now have a “hold” rating on the stock. Finally, analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Tullow Oil plc in a research note on Tuesday, April 15th. They now have a GBX 1,070 ($17.97) price target on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,108.93 ($18.62).
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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