Tullow Oil plc Rating Reiterated by BMO Capital Markets (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “outperform” rating restated by equities researchers at BMO Capital Markets in a research report issued on Thursday. They currently have a GBX 1,070 ($18.21) target price on the stock. BMO Capital Markets’ target price suggests a potential upside of 26.39% from the company’s current price.
TLW has been the subject of a number of other recent research reports. Analysts at Galvan Research reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Wednesday. They now have a GBX 900 ($15.32) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Tullow Oil plc in a research note on Wednesday. They now have a GBX 1,410 ($24.00) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Wednesday. They now have a GBX 950 ($16.17) price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nineteen have issued a buy rating to the stock. Tullow Oil plc currently has a consensus rating of “Buy” and an average price target of GBX 1,096.47 ($18.66).
Shares of Tullow Oil plc (LON:TLW) traded down 0.35% on Thursday, hitting GBX 843.5001. The stock had a trading volume of 1,491,201 shares. 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 537.5 and its 200-day moving average is GBX 546.8. The company’s market cap is £7.665 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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