Tullow Oil plc Rating Reiterated by Barclays (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “overweight” rating reiterated by equities research analysts at Barclays in a research note issued to investors on Monday, StockRatingsNetwork reports. They currently have a GBX 1,450 ($24.36) price target on the stock. Barclays’ price objective suggests a potential upside of 72.71% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Monday. They now have a GBX 950 ($15.96) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Monday. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Friday. They now have a GBX 950 ($15.96) price target on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 1,107.26 ($18.60).
Shares of Tullow Oil plc (LON:TLW) opened at 839.625 on Monday. Tullow Oil plc has a 52 week low of GBX 736.00 and a 52 week high of GBX 1127.00. The stock’s 50-day moving average is GBX 504.7 and its 200-day moving average is GBX 559.7. The company’s market cap is £7.630 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.