Tullow Oil plc Stock Rating Reaffirmed by Barclays (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays in a research report issued on Tuesday. They currently have a GBX 1,410 ($23.73) price target on the stock. Barclays’ price objective points to a potential upside of 67.67% from the stock’s previous close.
TLW has been the subject of a number of other recent research reports. 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 ($24.41) price target on the stock. Separately, 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 ($16.16) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Tullow Oil plc in a research note on Wednesday, May 21st. They now have a GBX 1,150 ($19.36) price target on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eighteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,111.44 ($18.71).
Shares of Tullow Oil plc (LON:TLW) traded up 0.65% during mid-day trading on Tuesday, hitting GBX 846.46. The stock had a trading volume of 2,083,118 shares. 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 583.9 and a 200-day moving average of GBX 692.1. The company’s market cap is £7.692 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.
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