Tullow Oil plc’s “Outperform” Rating Reaffirmed 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. They currently have a GBX 1,450 ($24.39) target price on the stock. Sanford C. Bernstein’s target price indicates a potential upside of 70.30% from the stock’s previous close.
A number of other firms have also recently commented on TLW. Analysts at Westhouse Securities reiterated an “add” rating on shares of Tullow Oil plc in a research note on Friday. They now have a GBX 960 ($16.15) price target on the stock. Separately, 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 ($19.34) price target on the stock. Finally, analysts at Credit Suisse cut their price target on shares of Tullow Oil plc from GBX 1,000 ($16.82) to GBX 945 ($15.90) in a research note on Tuesday. They now have a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eighteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 1,112.31 ($18.71).
Tullow Oil plc (LON:TLW) opened at 835.625 on Friday. Tullow Oil plc has a 1-year low of GBX 736.00 and a 1-year high of GBX 1127.00. The stock has a 50-day moving average of GBX 556.4 and a 200-day moving average of GBX 689.9. The company’s market cap is £7.594 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.