Tullow Oil plc’s “Outperform” Rating Reaffirmed at RBC Capital (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “outperform” rating reaffirmed by equities researchers at RBC Capital in a research report issued on Friday. They currently have a GBX 1,150 ($19.52) price objective on the stock. RBC Capital’s price objective would indicate a potential upside of 31.96% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated an “add” rating on shares of Tullow Oil plc in a research note on Thursday. They now have a GBX 960 ($16.30) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Tullow Oil plc in a research note on Monday. They now have a GBX 945 ($16.04) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Monday. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nineteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,108.05 ($18.81).
Shares of Tullow Oil plc (LON:TLW) opened at 870.50 on Friday. 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 493.4 and its 200-day moving average is GBX 530.9. The company’s market cap is £7.911 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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