Westhouse Securities Reiterates “Add” Rating for Tullow Oil plc (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “add” rating reaffirmed by equities research analysts at Westhouse Securities in a research note issued to investors on Wednesday. They currently have a GBX 960 ($16.09) target price on the stock. Westhouse Securities’ target price would suggest a potential upside of 13.95% from the stock’s previous close.
A number of other firms have also recently commented on TLW. Analysts at Galvan Research reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Wednesday, May 28th. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Tuesday, May 27th. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Tullow Oil plc in a research note on Tuesday, May 27th. They now have a GBX 1,410 ($23.64) price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have issued a buy rating to the company. Tullow Oil plc has an average rating of “Buy” and a consensus target price of GBX 1,111.44 ($18.63).
Tullow Oil plc (LON:TLW) traded down 0.30% during mid-day trading on Wednesday, hitting GBX 842.50. 1,572,394 shares of the company’s stock traded hands. 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 725.4 and a 200-day moving average of GBX 726.. The company’s market cap is £7.656 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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