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Research analysts at Credit Suisse reduced their price objective on shares of Tullow Oil plc (LON:TLW) from GBX 1,000 ($16.82) to GBX 945 ($15.90) in a report released on Tuesday. The firm currently has a “neutral” rating on the stock. Credit Suisse’s price target points to a potential upside of 10.79% from the stock’s previous close.

Tullow Oil plc (LON:TLW) traded down 1.65% on Tuesday, hitting GBX 838.96. 1,864,340 shares of the company’s stock traded hands. Tullow Oil plc has a one year low of GBX 736.00 and a one year high of GBX 1127.00. The stock has a 50-day moving average of GBX 618.8 and a 200-day moving average of GBX 700.4. The company’s market cap is £7.624 billion.

TLW has been the subject of a number of other recent research reports. Analysts at Barclays cut their price target on shares of Tullow Oil plc from GBX 1,450 ($24.39) to GBX 1,430 ($24.05) in a research note on Friday. They now have an “overweight” rating on the stock. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Friday. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Friday. They now have a GBX 950 ($15.98) price target on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and eighteen have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of GBX 1,112.31 ($18.71).

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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