Tullow Oil plc Receives “Neutral” Rating from Credit Suisse (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “neutral” rating reiterated by analysts at Credit Suisse in a research report issued to clients and investors on Monday. They currently have a GBX 945 ($16.10) target price on the stock. Credit Suisse’s target price indicates a potential upside of 10.79% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Thursday. They now have a GBX 950 ($16.18) price target on the stock. Separately, analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Tullow Oil plc in a research note on Thursday. They now have a GBX 1,070 ($18.23) price target on the stock. Finally, analysts at Galvan Research reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Wednesday, June 25th. They now have a GBX 900 ($15.33) price target on the stock. One 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. The company has an average rating of “Buy” and a consensus target price of GBX 1,096.47 ($18.68).
Shares of Tullow Oil plc (LON:TLW) opened at 857.50 on Monday. 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 534.9 and a 200-day moving average of GBX 551.0. The company’s market cap is £7.792 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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